US Spies Issue Warnings Over Risks of Doing Business in China

Photographer: Keith Tsuji/Getty Images
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US intelligence officials renewed warnings for American companies doing business in China, citing an update to a counterespionage law that’s due to take effect in the next day.

A bulletin issued by the National Counterintelligence and Security Center on Friday warns executives that an update to China’s counterespionage law, which comes into effect on July 1, has the “potential to create legal risks or uncertainty” for companies doing business in China.