US consultancy mammoth Bain & Company has verified that Chinese police have visited its office in Shanghai and questioned some staff.
” We’re cooperating as applicable with the Chinese authorities,” a prophet for the establishment told the BBC.
It comes as relations between Washington and Beijing have deteriorated in recent months.
Last month, another US establishment Mintz was raided in Beijing and five original workers were detained.
” We can confirm that the Chinese authorities have questioned staff in our Shanghai office,” Bain said.
” At this time, we’ve no farther comment,” it added.
The company’s statement came after a media report that police made an unannounced visit to Bain’s office in the Chinese fiscal mecca two week ago.
Officers took down computers and phones, according to the Financial Times, which cited people briefed on the matter.
According to the company’s website, Bain’s Shanghai office was opened in the megacity’s central business quarter in 2004. It also has services in Beijing and Hong Kong.
The global establishment, which has its headquarters in Boston, provides advice to public, private, andnon-profit organisations.
As pressures have grown in recent months between the world’s two largest husbandry, US businesses have come concerned about their prospects in China.
” The Chinese government has continuously said it welcomes foreign investment. still, a flurry of recent conduct taken against US enterprises in China has transferred the contrary communication,” Michael Hart, chairman of American Chamber of Commerce in China told the BBC.
” Our business community is scarified, and our members are asking,’ Who is coming?’ Irrespective of the government’s intention, that is the communication being entered,” he added.
Pressures have been heightened since former President Donald Trump touched off a trade war between the US and China in 2018.
In February, relations between the two countries were farther rasped after the US shot down an contended Chinese asset balloon, which Beijing claimed was a rainfall monitoring device.
Last month, TikTok principal superintendent Shou Zi Chew was grilled by US lawgivers for nearly five hours about the app’s data security and sequestration practices, and its alleged ties to Beijing.
Before this month, Taiwan’s chairman Tsai Ing- wen’s meeting with US House Speaker Kevin McCarthy also infuriated the Chinese government which offered military drills around Taiwan.