Chinese authorities have questioned staff at Bain & Company's Shanghai office, the U.S. consultancy giant said Thursday.
"We can confirm that the Chinese authorities have questioned staff in our Shanghai office. We are cooperating as appropriate with the Chinese authorities. At this time, we have no further comment," the company told CBS News in an emailed statement. The Financial Times, which first reported the news Wednesday, said that according to multiple sources, police made a surprise visit to the office two weeks ago. Phones and computers were taken away, but no one was detained, the newspaper said.Getty/iStockphoto
The news will likely fuel concern among U.S. companies operating in China that Beijing might take retaliatory action against them for Washington's moves against Chinese firms. Last month, U.S. due diligence firm Mintz Group said Chinese police had arrested five of its local employees and shut down its Beijing office. Chinese authorities later said the company was being investigated for"illegal" activities. A few days later, China's top cybersecurity regulator said it was investigating leading U.S. computer chip maker Micron Technology and would review its products over"national security concerns.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cnni - 🏆 326. / 59 Read more »
Bookkeeper accused of embezzling $380,000 from San Antonio company hit with huge court judgmentState District Judge Nadine Nieto awarded the company more than $1.3 million, which includes $1 million in punitive damages.
Source: ExpressNews - 🏆 519. / 51 Read more »