TikTok, the popular social media app that’s taken the world by storm, is increasingly living a double life in the U.S.
investors, or limited partners, have also been backing China-focused and China-based venture funds.American lawmakers may be critical of Beijing's policies, but China still represents a huge market opportunity that's nearly impossible for U.S. companies to ignore.
Just look at Apple's continued careful treading around concerns over human rights violations, and its relationship with Hong Kong and Taiwan. Apple's iPhones had a market share of between 20% and 25% in the last six months.of the Chinese market in the last year, amid growing challenges to China's economic growth.
For the first time in a decade, foreign investors became net sellers of Chinese fixed income and equities last year, per Goldman Sachs.
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