Grindr, the world’s largest social networking app for gay, bi, trans and queer people, recently became the center of attention in the U.S. – China “trade war.” In late March, a panel of U.S. governmental agencies titled the Committee on Foreign Investment in the United States (CFIUS), informed the owner of the app that its…
Tag: CFIUS
Uncertainty With Chinese Foreign Direct Investment Under the Trump Administration; Expanding Role of CFIUS
The People’s Republic of China has grown into the world’s second largest economy, the largest manufacturing nation, and a major political/diplomatic presence at a rapid pace. For the first few decades post-1950, China relied on an inflow of foreign direct investment (“FDI”) while the country’s ability to offer cheap labor to companies and lopsided trade…