US law firm Dechert considering shuttering offices in Hong Kong, Beijing

US law firm Dechert considering shuttering offices in Hong Kong, Beijing

Signage is seen outside of the law firm Dechert LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo

US-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged capital market downturn and growing Sino-U.S. tensions.