“The state security organ and other authorities will intensify law enforcement against activities that endanger national security, such as illegal consulting,” the state-owned Global Times said. More scrutiny is expected, said state media. Police visited Bain & Co’s Shanghai office in April. In March, the Beijing office of US firm Mintz was raided and five Chinese members of staff were detained. The CCTV report was the first clear indication of the national security scope of recent police action against several consulting firms. Staff declined interview requests when reached by Reuters on Tuesday. “Some of these enterprises have close relations with foreign governments, military and intelligence agencies,” CCTV said.įrom 2017 to 2020, Capvision accepted more than 2,000 remittances amounting to US$70 million (S$93 million) from hundreds of overseas companies, CCTV added, as it carried footage of Capvision’s offices and interviews with state security agents.Īn expert hired by the firm was jailed for six years for stealing, espionage and providing state secret intelligence abroad, CCTV said.Ĭapvision said in a statement soon after the broadcast that it would resolutely abide by national security rules. On Monday evening, state broadcaster CCTV aired a 15-minute report on consulting firm Capvision Partners, saying it had accepted projects from overseas companies to source information, including “state secrets and intelligence” on sensitive sectors, including defence and advanced technology. “The crackdown on consulting firms may be interpreted as a warning to foreign companies operating in China, highlighting the need for businesses to reassess their data handling practices and security measures.”
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