Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

State-Owned China Enterprises Drop U.S. Consulting Firms

STEVE INSKEEP, HOST:

The Chinese government is telling state-owned enterprises to end their relationships with American consulting firms. This is according to the Financial Times. The move will hit major firms like McKinsey & Company and the Boston Consulting Group. The decision comes just days after the United States charged five Chinese military officers with hacking American companies. The FT quotes senior government officials as saying, "China fears that consulting companies may be providing Chinese trade secrets to the United States." Transcript provided by NPR, Copyright NPR.

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.