Posted on

China’s security crackdown could signal new realities for foreign investors



Share

Chinese authorities have carried out an investigation into consulting firm Capvision Partners, state media CCTV reported on May 8. CCTV said that investigations by Chinese national security authorities had found that overseas institutions have used domestic consulting firms to steal state secrets and intelligence on areas key to China.China Photos | Getty Images News | Getty ImagesChina wants foreign investment, but it wants them on its own terms.However, Beijing’s terms aren’t clear for now — and it’s raised concerns and triggered second guessing in the global business community.Last Monday, state broadcaster CCTV singled out a consulting company for not complying with China’s national security laws.Shanghai-based Capvision Partners was just the latest company recently subjected to such investigations in the mainland. In March, U.S. due diligence firm Mintz told Reuters police raided its Beijing office, and d …

Read More