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Chinese Police Raid Bain's Shanghai Office, Take Computers

  • Chinese police visited Bain & Company's office in Shanghai and questioned staff.
  • Computers and phones were taken away but no employees were detained.
  • The purpose of the visit is not immediately clear.
  • U.S. businesses operating in China are increasingly pessimistic about their prospects.
  • China has been clamping down on antitrust violations, banned private tuition groups, and reined in a debt binge by property developers.
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