Over the past few days, Chinese authorities have conducted raids on the offices of Capvision, an international consultancy, citing national security concerns. This comes after the arrest of five employees of Mintz Group, an American firm, in March, and a subsequent visit by officials at the offices of Bain & Company. What’s driving this latest crackdown on foreign consultancies in China? Manoj Kewalramani asks Anushka Saxena and Amit Kumar.

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