China Fines US Due-Diligence Firm Mintz $1.5 Million

NTD Newsroom
By NTD Newsroom
August 23, 2023China in Focus

A U.S. firm caught in the middle of US-China tensions. Due diligence firm Mintz was fined $1.5 Million. It’s the latest in a nationwide crackdown on foreign businesses in the name of national security.

It’s the same company that had its Beijing office closed by authorities in March, with five staff detained by police.

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