![]() The EU is one of China’s biggest trading partners and sources of foreign investment. Some domestic consulting companies have a weak sense of national security, and in order to gain economic benefits, they frequently walk on the edge of the law.” “The national security authorities have investigated several special cases and found that many overseas organisations with complex backgrounds have stolen China’s national secrets and intelligence in key areas through domestic consulting firms and other industries. ![]() “In recent years, some western countries have been implementing strategies to contain and suppress China, with increasing rampant activities to steal intelligence information in key areas such as military, military industry, economy, and finance,” it said, according to a translation by China analyst Bill Bishop. It said some consulting firms were ignoring national security risks in seeking market share and profit, and becoming “accomplices for overseas espionage, bribery, and extraction of national secrets and intelligence”. The report suggested there was growing suspicions of such firms, as well as domestic companies which work with the due diligence and business research industry. ![]() ![]() It did not say when the raids took place, but reportedly said a multiagency investigation had seen one employee of a state-owned company jailed for six years for providing state secrets to Capvision’s overseas clients. A report on CCTV on Monday alleged Capvision, which was founded in China and has joint headquarters in New York and Shanghai, had paid employees of Chinese state-owned companies to leak secrets. ![]()
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