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EU decries China consultancy crackdown as foreign corporate unease grows

News Snapshot:

Summary EU concerned about consulting firm clampdown State media highlights national security worries China to "intensify" enforcement actions – state media BEIJING, May 9 (Reuters) – The European Union said on Tuesday a crackdown in China on consulting firms was "not good news", as Chinese state media suggested authorities would intensify law enforcement action to safeguard national security. The scrutiny of consulting firms comes as China is set to expand its counter-espionage law with a broader definition of spying that could criminalise the transfer of information and data. Jorge Toledo Albinana, the EU ambassador to China, expressed his concern about…

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