China has launched a nationwide anti-espionage crackdown on consulting firms, according to state media, accusing one global company of leaking state secrets and having ties with foreign intelligence agencies.
On orders from China’s central government, authorities carried out synchronized operations in cities including the financial powerhouses of Beijing, Shanghai, Shenzhen and Suzhou, a provincial TV channel in Jiangsu province reported Monday night. The state broadcaster didn’t say where it got the information or provide a timeframe for the raids.
State security officials visited the Suzhou branch of Capvision, a consulting firm with headquarters in New York and Shanghai, the ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.