- Chinese scrutiny of American companies has dramatically increased risks of doing business in the country, warns US Chamber of Commerce.
- The chamber is closely monitoring China’s scrutiny of US professional services and due diligence firms.
- Chinese police recently raided the Shanghai office of Bain, the US management consultancy.
- China’s new counter-espionage law has made foreign companies even more nervous.
- The Biden administration has become increasingly concerned about the apparent rise in coercive activity in China.
Financial Times — World — China business risk — Chinese Politics & Policy — Us & Canadian Companies — Us-China Trade Dispute
US Chamber of Commerce warns of rising risk of doing business in China
The US Chamber of Commerce warns of rising risk of doing business in China as Beijing’s scrutiny of US professional services and due diligence firms increases uncertainty for western groups.