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Top related persons:
Mintz - 4 Michael Perry - 2 Patrick Xu - 1 Bain - 1 Gina Raimondo - 1 China Nick Burns - 1 Andy Wong - 1 Raimondo - 1
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China Beijing Shanghai United States Hong Kong GroupM Rights BEIJING American
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Beijing Municipal Bureau - 4 Statistics - 4 Mintz Group - 3 Thomson - 3 U.S - 2 Rights - 2 Bain - 2 Capvision Partners - 2

Search resuls for: "Beijing Municipal Bureau"


6 mentions found


☆ China arrested an executive and two former employees at a major US ad agency, claiming they accepted bribes, reports say
  + stars: | 2023-10-23 | by ( Pete Syme | ) www.businessinsider.com   time to read: +2 min
Chinese authorities raided the Shanghai offices of GroupM, Reuters reported. AdvertisementAdvertisementThree people linked to the major ad agency GroupM have been detained by police in Shanghai, according to Reuters and The Wall Street Journal. Chinese authorities raided the Shanghai campus of WPP — the conglomerate which owns GroupM — on Friday, according to Reuters. A month before that, Chinese authorities raided the Beijing offices of Mintz Group, the American corporate due diligence firm. Five employees were detained, according to Reuters.
Persons: Patrick Xu, Bain, Mintz Organizations: Reuters, Morning, Street, Financial Times, Shanghai, WPP, Insider Intelligence, Mintz Group, Beijing Municipal Bureau, Statistics, Associated Press Locations: Shanghai, GroupM, China, Beijing
☆ US companies in China struggle with raids, slow deal approvals, anti-espionage law
  + stars: | 2023-08-29 | by ( ) www.reuters.com   time to read: +3 min
[1/2] U.S. Commerce Secretary Gina Raimondo delivers her speech at a reception with U.S. Industry and Chinese Government Officials hosted by U.S. Ambassador to China Nick Burns, in Beijing, China, August 28, 2023. Below are details on some of the bigger hurdles for doing business in China in recent years. Counterespionage law:Chinese lawmakers passed a wide-ranging update to Beijing's anti-espionage legislation in April, banning the transfer of any information related to national security and broadening the definition of spying. The law does not define what falls under China's national security or interests.
Persons: Gina Raimondo, China Nick Burns, Andy Wong, Mintz, Raimondo, Chris Sanders, Jonathan Oatis Organizations: . Commerce, . Industry, Government, U.S, REUTERS Acquire, Rights, Bain, Capvision Partners, Beijing Municipal Bureau, Statistics, China's, Intel Corp, chipmaker Semiconductor, DuPont De Nemours Inc, Rogers Corp, Xinhua, chipmaker Micron Technology, Beijing, Thomson Locations: China, Beijing, Shanghai, United States
☆ China fines Mintz $1.5 mln for 'unapproved' work, after raiding its Beijing office
  + stars: | 2023-08-22 | by ( Yew Lun Tian | ) www.reuters.com   time to read: +2 min
The U.S. corporate due diligence firm Mintz Group's office is seen in Hong Kong, China, May 18, 2023. REUTERS/James Pomfret/File Photo Acquire Licensing RightsBEIJING, Aug 22 (Reuters) - China fined U.S. firm Mintz Group about $1.5 million for doing "unapproved statistical work", said a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office sparked worries about China's openness to foreign investment. In a further notice on its website dated July 14, the bureau said Mintz conducted 37 such investigations from March 2019 to July 2022. The firm has previously said it is licensed to conduct legitimate business in China and that it has always operated lawfully. Chinese authorities raided Mintz's Beijing office in March and detained all five local staff, in what 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.
Persons: Mintz, James Pomfret, Xi Jinping, Yew Lun Tian, Michael Perry Organizations: REUTERS, Rights, China, U.S, Mintz Group, Beijing Municipal Bureau, Beijing's, Statistics, Wall Street Journal, Bain, Capvision Partners, Thomson Locations: Hong Kong, China, Rights BEIJING, Beijing, Shanghai
☆ China fines Mintz Group $1.5 million for 'unapproved' investigations
  + stars: | 2023-08-22 | by ( Laura He | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —China has fined Mintz Group, an American corporate due diligence firm, about $1.5 million for allegedly conducting unapproved statistical work in the country, as it continues with a nationwide crackdown on consulting firms in the name of national security. The fine came to light months after authorities closed the firm’s Beijing office in March and detained five of its local employees. Mintz’s Beijing office had carried out “foreign-related statistical investigations” without seeking and obtaining approvals, which violated two Chinese regulations, the Beijing Municipal Bureau of Statistics said in a statement on its website dated July 14. The authorities imposed a fine totaling 10.69 million yuan ($1.49 million) on the company and ordered it to stop conducting such investigations in the country. Days after the raid occurred, a spokesperson for the Chinese foreign ministry said Mintz was suspected of “illegal business operations.”Since then, Chinese regulators launched a broader crackdown on consulting firms.
Persons: Mintz, Mintz didn’t, Capvision Organizations: Hong Kong CNN, China, Mintz Group, Beijing Municipal Bureau, Statistics, CNN, Wall Street, Bain & Company Locations: Hong Kong, American, Beijing, Shanghai, New York, United States, Washington, chipmaking, China
☆ China's northern cities brace for more torrid heat
  + stars: | 2023-07-06 | by ( ) www.reuters.com   time to read: +2 min
[1/3] A man pulls a cart carrying jugs of water amid the orange alert for heatwave, at a hutong alley in Beijing, China July 5, 2023. The torrid heat has gripped China for several weeks, pushing local governments to ask residents and businesses to curb the usage of electricity. It is expected that the maximum temperature in most areas of the city will rise above 40 degrees Celsius, according to the state-backed Beijing Daily. The meteorological observatory in northern Hebei province also issued a red alert, with temperatures in some areas expected to reach 40-43 Celsius on Thursday. China's Meteorological bureau issued orange alerts, the second highest alert, in mostly northern China with temperatures expected to hit 40 degree Celsius and above.
Persons: Tingshu Wang, Bernard Orr, Ella Cao, Michael Perry Organizations: REUTERS, Beijing Daily, China's Meteorological, Beijing Municipal Bureau of Culture, Tourism, Thomson Locations: Beijing, China, Tingshu Wang BEIJING, Hebei province, North China, Mongolia, Shaanxi, Henan, Shandong, Chongqing
☆ The joke that cost $2 million: China imposes huge fine for comedian’s army-themed quip
  + stars: | 2023-05-17 | by ( Chris Lau | ) edition.cnn.com   time to read: +4 min
As the official backlash grew, Li canceled all his performances while the entertainment company that represents him, Shanghai Xiaoguo Culture Media, issued an apology. He went on to say that their chase after a squirrel one day reminded him of eight words, before he unleashed the controversial punchline, according to audio posted to Chinese social media site Weibo. Shanghai Xiaoguo Culture Media is one of the biggest stand-up comedy show producers in the country. ‘Low form of art’Li had already apologized on Chinese social media platform Weibo, where he has 136,000 followers. Shanghai Xiaoguo Culture Media previously said it had suspended the comedian from all productions indefinitely.
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