Foreign investors are left wondering if Beijing's crackdown on due diligence firms is another way China is limiting foreign access to investment information.
"The enforcement actions seem very arbitrary now," Lester Ross, a foreign lawyer in China, told CNBC. "To have multiple companies involved now in this crackdown and the restriction of financial data to foreigners, it appears that Chinese security departments are on to something larger."
The CCTV program also claimed to feature one of Capvision's experts who was convicted of disclosing information relating to the number of unnamed military aircraft on the inventory of a particular institution or company, according to a CNBC translation. Last Wednesday, Capvision pledged to "actively address" demands by Chinese authorities about the company's negligence of its national security responsibilities, having formed a three-person internal "compliance committee" chaired by its chief executive Xu Rujie.
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