People cross an intersection near Beijing's central business district: Foreign business groups say China's crackdown on companies in recent years has shaken investor confidence. © Reuters
BEIJING (Reuters) -- China has released all Mintz employees who had been held in detention for two years since a raid on its Beijing office in March 2023, a spokesperson from the U.S.-based due diligence firm Mintz Group told Reuters in an email.
Chinese authorities detained five local staff in the raid, which turned out to be the beginning of a sweeping crackdown on consultancy and due diligence firms, including Bain & Company's office in Shanghai and Capvision Partners.