Expand / SHENZHEN, CHINA – AUGUST 19: A girl walks outside the headquarters of Tencent on August 19, 2020 at Shenzhen, Guangdong Province of China. (Photo from VCG/VCG through Getty Images)
Even the US government is allegedly inspecting Chinese technology giant Tencent as well as the US gaming firms where it has an investment . Bloomberg News the Treasury Department’s Committee on Foreign Investment in the US (CFIUS) has requested firms such as Epic Games and Riot Games to answer questions regarding their own data-security criteria, based on”people knowledgeable about the issue.”
CFIUS has the ability to analyze international investment in US firms when these investments might have an effect on national safety. Historically, which has frequently meant analyzing foreign entry to US natural sources or military secrets, even more lately, however, CFIUS has obtained an enlarged interest in possible international access to US client information.
“When you are talking about enormous amounts of information, there is likely something for your committee to check at,” former Treasury Department Deputy Assistant Secretary for Investment Security Aimen Mir informed Bloomberg yesterday. “The issue then becomes is that the danger high enough it really simplifies driving deals apart”
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