Private Equity Slows China Investments as Biden Prepares Curbs
- White House readying executive order to scrutinize investments
- Policy uncertainty has led PE firms to pull back from China
An employee inspects circuit boards at a factory in Suzhou, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Money managers on Wall Street and in Silicon Valley are learning once again that investing in China can be fraught.
The Biden administration is close to completing an executive order that would curb US investment in China’s tech industry, foreshadowing a further slowdown in bets on the world’s second-largest economy.