Reports that China has released five Mintz Group employees who were detained in 2023

Posts from the time of the imprisonment of the firm’s employees:

• China raids, fines US firm for foreign-related statistical investigations without approval
• More on the raid of US firm’s Beijing office, 5 Chinese citizens detained

Reports now that the employees have been released. Which is good news for them.

Is this some sort of effort from China to improve its reputation amongst foreign firms? Or was holding the 5 for 2 years deemed long enough? China is trying to improve its reputation amongst foreign businesses, trying to set itself up as a stable alternative to the chaos happening elsewhere. I think China has a lot of ground to make up on this score.

Mintz is a research group

This article was written by Eamonn Sheridan at www.forexlive.com.