×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Foreign companies in China face growing scrutiny, pressure

Vocalize Pre-Player Loader

Audio By Vocalize

Visitors pass near the emblems of the Chinese Communist Party at an exhibition in Shanghai, on April 20, 2023. [AP Photo]

Foreign companies are under growing pressure in China from anti-corruption, national security and other investigations as President Xi Jinping's government tightens control over business, clashing with efforts to lure back investors after the pandemic.

This week, Bain & Co. said police questioned staff in its Shanghai office. The consulting company gave no details of what investigators were looking for. Last month, the corporate due diligence firm Mintz Group said its Beijing office was raided by police who detained five employees. Also last month, an employee of a Japanese drug maker was detained on spying charges and the government announced a security review of memory chip maker Micron Inc.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Volleyball and Handball
DCI, Pipeline and KCB win as KDF and Postbank falter
Sports
Wangaya lands April's Player of the Month
By Ben Ahenda 8 hrs ago
Boxing
Why every boxer wants to go to Nakuru
By AFP 9 hrs ago
Premier League
Man City must put pressure on Arsenal, says Guardiola