China-Funded Cirrus Aircraft to List in Hong Kong Amid Concerns It Could Be the Next TikTok

China-Funded Cirrus Aircraft to List in Hong Kong Amid Concerns It Could Be the Next TikTok
Experts say that if AVIC were to acquire Cirrus Aircraft under today’s political climate, such a deal would likely not be approved. Picture shows the U.S. Treasury Department in Washington, D.C. 4kclips/Shutterstock
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The decoupling of China and the United States has become a continuing trend. Many U.S. companies which have been acquired by Chinese funds or have had joint ventures with Chinese companies are now either separated or disbanded. However, the ongoing scrutiny undertaken by the U.S. government is still identifying organizations that have similar associations. In recent times, Cirrus Aircraft, a China-funded company based in the United States, has attracted a lot of attention from the U.S. government. The repercussions of its exposure have experts predicting that Cirrus could become the next TikTok.

Wu Xin
Wu Xin
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