The release of the employees from the Mintz Group comes as China is trying to woo back foreign investors to help revive its sagging economy.
China released detained employees of the American due diligence firm Mintz Group as part of an effort to attract foreign investment and revive its economy. The Mintz Group closed its Beijing and Hong Kong operations after Chinese authorities raided several firms in spring 2023 amid increased scrutiny of foreign research firms. The release occurred following an economic forum where China promised better market access for foreign investors.
