The American Chamber of Commerce in Shanghai has asked the Chinese government to spell out rules for conducting due diligence in the country amid continuing reports of a government crackdown on U.S. companies in that field as well as in consulting work.
‘We are concerned by recent reports about investigations of U.S. companies in China that specialize in due diligence or consulting,” Chamber President Eric Zheng said in an emailed statement today. “It would be helpful if the authorities would more clearly delineate the areas in which companies can or cannot conduct such due diligence. This would give foreign companies […]
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