The release of the employees from the firm, 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, which closed its Beijing and Hong Kong operations following a 2023 raid. This move aims to attract foreign investors and revitalize China's economy, following increased scrutiny of foreign research firms and promises of better market access.
