China Launches Nationwide Anti-Spy Crackdown on Consulting Firms

According to state media the crackdown comes as Beijing moves to tighten foreign access to sensitive information amid growing tensions with the United States.

China flag by Canva.com
China flag by Canva.com
(Canva.com)

According to state media the crackdown comes as Beijing moves to tighten foreign access to sensitive information amid growing tensions with the United States. On orders from China’s central government, authorities carried out synchronized operations in cities including the financial powerhouses of Beijing, Shanghai, Shenzhen and Suzhou, a provincial TV channel in Jiangsu province reported Monday night.

Of note: The crackdown includes firms providing ag-related information about China.

Perspective: It may become harder to get sound data out of China from private analysts. Also... the more China inks ag deals with other countries with their currency instead of the U.S. dollar, the less transparency in trade will matter.

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