TikTok aside, Congress has its eye on the U.S. money going into China


Source: cnbc.com cnbc.com

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A jogger runs by the U.S. Capitol as the deadline to avert a partial government shutdown approaches at the end of the day on Capitol Hill in Washington, U.S., September 30, 2023. Ken Cedeno | Reuters BEIJING — The U.S. Congress increasingly has its eye on American capital that's allegedly funded China's military development, indicating that greater scrutiny on U.S. investments into China may outlast presidential terms and become part of law. After a few false starts in 2023 that never ended up blocking U.S. investments into certain Chinese industries, some in the House of Representatives are still pushing ahead....