Amid fears of Chinese influence, the Committee on Foreign Investment in the United States has grown more powerful
- Written by Amitrajeet A. Batabyal, Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Interim Head, Department of Sustainability, Rochester Institute of Technology
Business deals by foreign countries in the U.S. can be reviewed by the government for national security risks.Jason Leung for Unsplash, CC BY-SAA Chinese private equity firm, Primavera Capital Group, acquired the well-known test preparation company Princeton Review and an online learning platform, Tutor.com, in May 2023.
The move, like other...
