U.S. tech research and advisory firm Forrester Research has decided to close its office in mainland China after the country's government increased scrutiny on western consultancies. A company spokesperson said on Thursday the closure was part of a broader global restructuring plan, with the majority in th
U.S. tech research and advisory firm Forrester Research has decided to close its office in mainland China after the country's government increased scrutiny on western consultancies.
Overseas business lobbies in China have said they were unnerved by a sweeping crackdown on consultancies and due diligence firms that is damaging investor confidence in the world's second-largest economy. The crackdowns"send a worrying signal and heighten the uncertainty felt by foreign companies operating in China", the EU's Chamber of Commerce in China said earlier this month.
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