China has released five employees of the Mintz Group, an American corporate investigations firm, after they were detained for two years during a crackdown on foreign consultancies. The company's employees, all Chinese nationals, were arrested in March 2023 but have now returned home as China aims to boost overseas investment due to economic sluggishness. High-profile foreign executives are visiting for a development forum, and discussions with Chinese leaders, including Xi Jinping, signify China’s efforts to mend relations with the global business community.
The release of the Mintz Group employees comes as China seeks to revitalize foreign investment to bolster its sluggish economy.
The firm's detention and release highlight ongoing tensions between foreign businesses and Chinese authorities amid a broader push to attract international investment.
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