China private investment firms face growing U.S. scrutiny, analysts say

In first, Pentagon lists IDG Capital among 'Chinese military companies'

20240209 IDG Capital

U.S. scrutiny of Chinese private investment activities amid concern over alleged links to China's military is increasing. (Nikkei montage/Source photos by Reuters and screenshot from IDG Capital's website) 

ECHO WONG, Nikkei staff writer

HONG KONG -- 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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