Chinese private investment firms face growing US scrutiny

Chinese private investment firms face growing US scrutiny

U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration

The Pentagon’s addition of a Beijing-headquartered private equity and venture capital firm to a list of companies with alleged close ties to China’s military underscores growing sanctions risks for the industry and is likely to result in pressure for more investment self-scrutiny, analysts say.