China’s newly revised anti-espionage law will have a scary impact on foreign firms doing business there, according to former chief convergence officer for British Telecom and author Jon Pelson. On April 26, the Chinese communist regime passed the new version of its anti-espionage law, which will take effect on July 1. The revision has expanded…
China’s Revised Anti-Spy Law ‘Frightening Prospect’ for Foreign Firms There: Expert
US Chamber of Commerce Warns of Heightened Risk for Firms Doing Business in China
The United States Chamber of Commerce has sounded the alarm about a dramatic increase in the hazards and uncertainties associated with conducting business in China due to the regime’s “increased official scrutiny” of U.S. corporations there. The influential business group said that it was “closely monitoring” the situation and noted that industries subject to “heightened…
China’s Crackdown on Foreign Firms Is Retaliation Against the West: Former US Intel Official
As reports emerge that China is ramping up its official scrutiny of foreign firms operating in the country, it can be a retaliatory move against foreign entities to allegations of Chinese espionage abroad, according to former senior intelligence official and author Nicholas Eftimiades. On April 26, the communist regime passed its newly revised anti-espionage law,…
US Due Diligence Firm Raided in Beijing
A top U.S. investigation firm has been raided in China. Due diligence company Mintz Group found itself raided and its staff seized by Chinese officials. The company has since closed its office there, adding it had received no warning or legal notice. All five staff members detained are Chinese nationals. This comes ahead of a…
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