Lawmakers Press Biden To Address US Investment Risks In China: 'For Too Long, America Has Funded The China Communist Party's Military Buildup'
Portfolio Pulse from Piero Cingari
US lawmakers have written to President Biden expressing concerns over US capital investment in China, particularly in critical technologies. They highlight the national security risk and potential human rights abuses associated with such investments. Over $200 billion of US capital is invested in Chinese companies through private markets, and over $1.1 trillion through public markets. This includes investments in Alibaba Group Holding Ltd and Tencent Holdings Ltd. The lawmakers call for transparency and restrictions on problematic investments.
August 04, 2023 | 2:32 pm
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NEGATIVE IMPACT
Alibaba is one of the Chinese companies in which US capital is heavily invested. Any restrictions or changes in US investment policy towards China could impact the company.
Given the significant amount of US capital invested in Alibaba, any changes in US investment policy towards China could have a direct impact on the company. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tencent is another Chinese company with significant US investment. Changes in US investment policy towards China could affect the company.
Tencent is heavily invested in by US capital. Any changes in US investment policy towards China could have a direct impact on the company. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80