SeaNN (seann) wrote,

China has told state-owned enterprises to cut their ties with American consulting firms over fears those companies are providing trade secrets to the US government the Financial Times reported on Sunday.
According to the FT, companies including the Boston Consulting Group (BCG), McKinsey & Company and Strategy& (formerly Booz & Company) all have Chinese state enterprises as clients.
The ban comes just days after the United States charged five Chinese military officers with hacking US companies.
The FT said all three companies declined to comment on the ban.

China's action, which targets companies like McKinsey & Company and The Boston Consulting Group (BCG), stems from fears the firms are providing trade secrets to the U.S. government, the FT reported, citing unnamed sources close to senior Chinese leaders.
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