WASHINGTON, DC – Rep. Mike Gallagher (R-WI), Chairman of the Select Committee on the Chinese Communist Party, today released the following statement in response to the Chinese Communist Party’s expansion of its counter-espionage law, and reports that CCP police raided the Bain & Co. and Mintz Group offices in Beijing.
“The CCP’s updated counter-espionage law sends a loud, clear signal to the world: there is no such thing as a private company in China. The State reserves the right to arbitrarily seize any property, steal any IP, harvest any data. Our business leaders need to take off their golden blindfolds and recognize that the recent police raids of American companies Bain and Mintz are not one-offs, but part of a long, proud tradition of exploitation. The CCP is laughing at international business norms. Shame on us if we don’t listen.”
