PALO ALTO, U.S./GUANGZHOU -- Chinese tech companies spent more on U.S. lobby firms last year amid political and regulatory uncertainty, available data shows.
Alibaba and Tencent accelerated expenditures while Huawei cut 80%
Faced with the threat of being banned in the U.S., ByteDance, the parent of video app TikTok, significantly increased lobby spending. © Reuters
PALO ALTO, U.S./GUANGZHOU -- Chinese tech companies spent more on U.S. lobby firms last year amid political and regulatory uncertainty, available data shows.