News Snapshot:
With China’s pandemic restrictions dismantled and its leaders wooing executives flying into the country again, this was supposed to be a springtime of renewed investor confidence in the world’s second-biggest economy. But a drumbeat of government security measures, including a broadening of counterespionage laws, and unannounced visits by investigators to the Chinese offices of several foreign firms have sent a shiver of worry that under Xi Jinping, economic pragmatism could again give way to a heightened focus on state control. International consulting and advisory firms are among those that have faced questioning from Chinese security officers in recent weeks, adding...
