IDG Capital in Pentagon's crosshairs signals growing risks for Chinese investors in US

IDG Capital in Pentagon's crosshairs signals growing risks for Chinese investors in US

FILE PHOTO: U.S. and Chinese flags are seen through broken glass 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

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