Nuctech raids send shock waves through EU amid fears of crackdown on China firms

scmp.com/news/china/diplomacy/article/3260295/nuctech-raids-leave-chinese-businesses-reeling-new-eu-foreign-subsides-regulation-shows-its-teeth?amp=&module=top_story&pgtype=homepage

They also “scrutinised office documents and demanded access to pertinent data”, according the China Chamber of Commerce to the EU , which lobbies for Chinese business interests in the bloc.
In the sort of raids usually reserved for busting cartels, officers seized IT equipment and mobile phones.
At 9.30am on Tuesday, authorities descended upon the Warsaw and Rotterdam offices…

This story appeared on scmp.com, .
The Entire Business World on a Single Page. Free to Use →