Congress to Examine Operations of US Companies in China

The US congressional panel created to focus on threats from Beijing plans to look at the role of private equity, venture capital and Wall Street firms in China as it prepares to launch hearings on Tuesday.

Mike Gallagher, a Wisconsin lawmaker who chairs the House committee on the Chinese Communist party, said it would “engage with prominent CEOs and industry representatives” to get an understanding of how companies invest and operate in China.