Even Before TikTok’s Troubles, Chinese Companies Were Wary of Washington

Published On Jan 18, 2025, 5:02 AM

As tensions between the U.S. and China escalate, Chinese tech companies are increasingly hesitant to pursue initial public offerings (IPOs) in the U.S. market. Prominent startups like Shein are now considering alternatives, such as listing in London, due to the regulatory scrutiny they face from U.S. officials. The situation reflects a broader trend where U.S. investment opportunities involving Chinese firms are shrinking, with heightened scrutiny on acquisitions and partnerships that could be perceived as security risks, similar to the scrutiny faced by TikTok and Grindr in the past.