McKinsey ‘advised Chinese agencies’ in row over Beijing work


Source: afr.com afr.com

Key Topics in this News Article:

News Snapshot:

McKinsey is facing calls from some US legislators to be barred from contracting work for the federal government because of alleged inconsistencies in its statements about its business in China. Bob Sternfels, McKinsey’s global managing partner, told a congressional hearing earlier this month that the firm had never worked for the Chinese central government. “We do no work, and to the best of my knowledge never have, for the Chinese Communist Party or for the central government in China,” he said on February 6. The marketing claims about advice to central government ministries were live on the McKinsey China website...