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China fines US research firm $1.5 million in crackdown on info-gathering

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( ) -q-26- UNDATED (Correspondent Jeremy House) “without obtaining approval.'”

An American research firm has been fined $1.5 million by China’s government in a crackdown on information-gathering that has rattled foreign investors.

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TAG: Correspondent Jeremy House reporting. The notice gave no details of the violation. Mintz Group does background checks on employees and business partners and gathers other information for corporate clients.

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VERBATIM: Mintz Group was one of a series of foreign consultants that were raided starting in April. The raids took place after Chinese leader Xi Jinping’s government announced expanded anti-spying rules that left companies unsure what they were allowed to do. A notice from the Beijing statistics bureau dated July 14 said Mintz Group illegally engaged in “foreign-related statistical investigation activities without obtaining approval.”

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