McKinsey’s relationship with China allegedly fed US tensions

News Snapshot:

A think tank led by consulting giant McKinsey & Company recommended China push foreign companies out of sensitive industries as part of a project for the Communist regime nearly a decade ago — setting the stage for increased tensions between Beijing and Washington, according to a stunning new report. The think tank, the Urban China Initiative, produced a 310-page book in 2015 that suggested the central government secure the country’s position as a technological powerhouse and reduce its reliance on global tech imports, The Financial Times reported Friday. Among the recommendations was the “Made in China 2025” policy, which advised...