Current:Home > ScamsAuthorities in China question staff at U.S. consulting firm Bain & Company in Shanghai -Pinnacle Profit Strategies
Authorities in China question staff at U.S. consulting firm Bain & Company in Shanghai
Ethermac View
Date:2025-04-11 02:33:12
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! (88585)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Bank plans to auction posh property owned by West Virginia Gov. Jim Justice to repay loans
- Bachelor’s Joey Graziadei Mixes Up Gypsy Rose Blanchard and Ruth Bader Ginsburg
- Patrick Mahomes lauds Iowa basketball star Caitlin Clark, says she will 'dominate' WNBA
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Judge in Trump fraud trial asks about possible perjury plea deal for Allen Weisselberg
- Penn Museum buried remains of 19 Black Philadelphians. But a dispute is still swirling.
- Americans owe a record $1.1 trillion in credit card debt, straining budgets
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Amid backlash over $18 Big Mac meals, McDonald's will focus on affordability in 2024, CEO says
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Lyft says drivers will receive at least 70% of rider payments
- GM’s troubled robotaxi service faces another round of public ridicule in regulatoryhearing
- Jon Stewart returning to 'The Daily Show': Release date, time, where to watch on TV and streaming
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Inside Pregnant Bhad Bhabie's Love Story-Themed Baby Shower
- FAA tells Congress not to raise the mandatory retirement for pilots until it can study the issue
- Senate deal on border security and Ukraine aid faces defeat as Republicans are ready to block bill
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
The Book Worm Bookstore unites self-love and literacy in Georgia
Taylor Swift is demanding this college student stop tracking her private jet
A bill that would allow armed teachers in Nebraska schools prompts emotional testimony
Why members of two of EPA's influential science advisory committees were let go
South Carolina wants to resume executions with firing squad and electric chair, says instantaneous or painless death not mandated
Andie MacDowell on why she loves acting in her 60s: 'I don't have to be glamorous at all'
Census Bureau backpedals on changes to disabilities questions amid backlash