A key Republican lawmaker is pressing the Treasury Department to examine the proposed acquisition of Forbes Global Media Holdings by a China-based enterprise that got its initial seed money from an arm of the Communist Party.
Concerns are growing on Capitol Hill over an agreement that would see a company with links to the Chinese Communist Party take ownership of Forbes Global Media Holdings.
A key Republican lawmaker is pressing the Treasury Department to examine the proposed acquisition of Forbes Global Media Holdings by a China-based enterprise that got its initial seed money from an arm of the Communist Party.
Cryptocurrency exchange operator Binance Holdings Ltd. is making a $200 million investment in the publisher of Forbes magazine, an unusual tie-up between a digital-currency firm and a traditional media outfit, the companies said Thursday.