Current:Home > FinanceAuthorities in China question staff at U.S. consulting firm Bain & Company in Shanghai -AssetVision
Authorities in China question staff at U.S. consulting firm Bain & Company in Shanghai
View
Date:2025-04-17 15:01:16
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.
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."
Tensions have escalated in recent months between Washington and Beijing. In February, the U.S. shot down an alleged Chinese spy balloon. Beijing insisted the object was a benign weather monitoring device.
In March, the chief executive of social media giant TikTok, Shou Zi Chew, was grilled by U.S. lawmakers about the app's data security and privacy practices amid concern in the U.S. that the company could share data with Chinese authorities. TikTok has insisted that it operates independently from China's government, but there is a growing belief in Washington that the platform represents a national security threat.
Just last week, meanwhile, FBI agents arrested two people who have been accused of operating an illegal Chinese police station in New York City. The U.S. Justice Department has called the operation a bid to influence and intimidate dissidents critical of the Chinese government in the U.S.
As U.S.-China relations have soured, U.S. businesses operating in the country believe they have already suffered from the fallout.
"There certainly is a chill in the air," Michael Hart, who heads the American Chamber of Commerce in Beijing, told CBS News in March. "Companies feel like they're squeezed out of certain industries, and so there is a question mark that many U.S. companies have about, you know, are we really welcome?"
- In:
- United States Congress
- Cybersecurity and Infrastructure Security Agency
- National Security Agency
- China
- Washington
veryGood! (24)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Supreme Court sides with Jack Daniels in trademark fight over poop-themed dog toy
- Real Housewives' Kim Zolciak and Kroy Biermann Break Up After 11 Years of Marriage
- They inhaled asbestos for decades on the job. Now, workers break their silence
- Bodycam footage shows high
- Jessica Simpson Shares Dad Joe’s Bone Cancer Diagnosis
- Outcry Prompts Dominion to Make Coal Ash Wastewater Cleaner
- Precious memories: 8 refugees share the things they brought to remind them of home
- DoorDash steps up driver ID checks after traffic safety complaints
- They inhaled asbestos for decades on the job. Now, workers break their silence
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Orlando Bloom Lights Up Like a Firework Over Katy Perry's Coronation Performance
- Pigeon Power: The Future of Air Pollution Monitoring in a Tiny Backpack?
- ¿Cómo ha afectado su vida la ley de aborto estatal? Comparta su historia
- Bodycam footage shows high
- Isle of Paradise 51% Off Deal: Achieve and Maintain an Even Tan All Year Long With This Gradual Lotion
- Omicron keeps finding new evolutionary tricks to outsmart our immunity
- Sum 41 Announces Band's Breakup After 27 Years Together
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Prince Louis Makes First Official Royal Engagement After Absence From Coronation Concert
A Heat Wave Left Arctic Sea Ice Near a Record Winter Low. This Town Is Paying the Price.
Bachelor Nation's Brandon Jones and Serene Russell Break Up
Trump's 'stop
What causes Alzheimer's? Study puts leading theory to 'ultimate test'
Love & Death’s Tom Pelphrey Details the “Challenging” Process of Playing Lawyer Don Crowder
Today’s Climate: July 26, 2010