NPR logo
State-Owned China Enterprises Drop U.S. Consulting Firms
  • Download
  • <iframe src="https://www.npr.org/player/embed/315978134/315978135" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
State-Owned China Enterprises Drop U.S. Consulting Firms

Business

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

State-Owned China Enterprises Drop U.S. Consulting Firms
  • Download
  • <iframe src="https://www.npr.org/player/embed/315978134/315978135" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The Financial Times says the decision will hit major firms like Mckinsey and Company and the Boston Consulting Group. The move follows the U.S. charging 5 Chinese military officials with hacking.

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."

Copyright © 2014 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.