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Beijing says overseas consultancies have tried to steal classified state and commercial information, posing ‘major risks to national security’.
Asian equities were down except for India, which managed a gain.
Business groups and the U.S. government have appealed to authorities to explain newly expanded legal restrictions on information and how they will be enforced.
The Chinese government’s crackdown on foreign businesses continued with the country’s chief foreign intelligence agency raiding the offices of Capvision, a business consulting firm operating in...
The recent series of raids and arrests signals an expanded national security drive during Xi Jinping’s third term.