Broadway

Complete News World

Foreign companies in China under general suspicion

Foreign companies in China under general suspicion

Shanghai Economic City skyline

Expert Jeremy Daum describes the Chinese government’s approach to foreign companies as “almost paranoid”.

(Image: Bloomberg)

Berlin, Dusseldorf It’s grim scenes that have worried foreign companies in China recently. A few weeks before the German-Chinese government consultations, which will take place on Tuesday, a documentary was shown on Chinese state television, which many interpreted as a warning. Television footage showed police officers searching the offices of international consulting firm Capvision across China.

A spokesperson for the national security agencies said in the post that many foreign organizations with “complex backgrounds” steal state secrets and intelligence in key regions of China. They used local consulting firms to do this.

Around the same time, the Chinese government tightened its anti-espionage law, which, according to legal experts, makes any purchase of information in the People’s Republic of China suspected of espionage. In addition, sudden searches and arrests at other US consulting firms in the People’s Republic of China made headlines. Developments are heading in a dangerous direction: for years now, the business of international companies in China has become increasingly risky.

Read now

Get access to this and all other articles at

web and in our app FREE for 4 weeks.

tracking

Read now

Get access to this and all other articles at

the web and in our app.

tracking