Chinese authorities raid Capvision in anti-spying crackdown.

Chinese authorities have conducted raids on the offices of Capvision, an international consultancy, to investigate alleged national security risks, intensifying fears that China’s foreign business community is being caught up in an espionage crackdown. The Chinese spy agency and market regulators “recently” launched a joint investigation into the actions of Capvision, conducting simultaneous raids in Shanghai, Beijing, Suzhou and Shenzhen, state media reported. The announcement late Monday about Capvision directly tied the probe to counterespionage and national security campaigns that have intensified and expanded under Xi Jinping, China’s powerful leader.