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In the News: PE Concerns in TikTok Bill; EU AI Act; and China Quant Funds
March 21, 2024 | BY
Clarence Lee &Krista LeeA proposed TikTok bill could give rise to a U.S. equivalent to the VIE structure; The EU's new AI Act has a wide scope that could affect Chinese firms; and Quant funds respond to regulators' crackdown of their industry.
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TikTok Ban Bill Adds Complexity to U.S. PE's China Exit
Last week's advancement of the U.S. bill addressing ByteDance's ownership of TikTok highlights the challenges in the current