The Chinese government has recently been cracking down on some foreign companies.

Chinese police have reportedly raided the US management consulting firm Bain & Companies

offices in Shanghai.

In China, a new crackdown is underway and anti-spy crackdown.

The victims are consultancy firms.

Foreign consultancy firms.

The latest one is cap vision partners.

It's hit quarter in Shanghai.

It's offices across China are being raided.

The crackdowns are making some foreign businesses in China nervous.

Here's our colleague, Dan Strumpf, who's based in Hong Kong.

I think these actions have really put the foreign business community on edge.

There's a lot of uncertainty among the foreign business community around where the

quote-unquote red lines now lie.

It sort of sends a chill around the question of what's allowed right now in China, what

practices are allowed that were once considered pretty basic, but now seems to suddenly

be under the crosshairs of the authorities.

Welcome to the journal, our show about money, business and power.

I'm Ryan Knutson.

It's Wednesday, May 10th.

Coming up on the show, by doing business in China, might be getting harder.

What will the world look like 10 or 20 years from now?

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