Current:Home > InvestAuthorities in China question staff at U.S. consulting firm Bain & Company in Shanghai -Triumph Financial Guides
Authorities in China question staff at U.S. consulting firm Bain & Company in Shanghai
View
Date:2025-04-13 09:03:25
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! (97369)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- A man has been arrested for randomly assaulting a young woman on a New York City street
- Aubrey O’ Day Weighs In on Sean “Diddy” Combs’ Homes Being Raided by Homeland Security
- Why Vanderpump Villa's Marciano Brunette Calls Himself Jax Taylor 2.0
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- South Korean Rapper Youngji Lee Wants You To Break Molds With Coach Outlet’s Latest Colorful Drop
- Apple announces Worldwide Developers Conference dates, in-person event
- Venezuelans are increasingly stuck in Mexico, explaining drop in illegal crossings to US
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Pennsylvania House advances measure to prohibit ‘ghost guns’
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Love Is Blind’s Matthew Duliba Debuts New Romance, Shares Why He Didn’t Attend Season 6 Reunion
- Man in custody after fatal shooting of NYPD officer during traffic stop: Reports
- Lea Michele Is Pregnant, Expecting Baby No. 2 With Husband Zandy Reich
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Ghost preparers stiff you and leave you with a tax mess. Know the red flags to avoid them.
- NCAA President Charlie Baker urges state lawmakers to ban prop betting on college athletes
- Florida bed and breakfast for sale has spring swimming with manatees: See photos
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Families of 5 men killed by Minnesota police reach settlement with state crime bureau
Penn Badgley's Rare Insight Into Being a Dad and Stepdad Is Pure XOXO
Ahmaud Arbery's killers ask appeals court to overturn their hate crime convictions
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
New spicy Casey McQuiston book 'The Pairing' comes out this summer: What fans can expect
South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost
Being HIV-positive will no longer automatically disqualify police candidates in Tennessee city