Trump Administration Seeks Crackdown on Chinese Companies With Shares Traded in U.S.

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Chinese companies with shares traded on U.S. stock exchanges would be forced to give up their listings unless they comply with American accounting requirements under a plan recommended Thursday by the Trump administration

The proposal addresses a long-simmering dispute over U.S. regulators’ inability to inspect the auditing standards of Chinese companies that sell shares here.

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Fight4HongKong Nuke the CCP this things are evil creatures they shall pay for their 🦠transgressions to humanity . Hey Xi there’s no where to run to ☠️no where to hide from His wrath

China is the most violent murderer and dictator in the world. Please stop China dictatorship CCP_is_terrorist

The USA is turning up the 🔥🔥🔥. Rightfully so...

Investment in China will suffer eventually

The CCP has proven time & again that it can't be trusted & cares nothing for the rules of the intl order. Such as Sino-British Joint Declaration.

Swan85365414 Finally it is coming & Trump has the glut to combat Wall Street. The next step is to ban 401K & all US pension money from investing in Chinese stocks [ including those listed in Hong Kong] to protect US pensioners from losing their shirt. The final targets will be private equity

China is no longer a trustworthy partner to build a reliable, safe, civilized & peaceful world. CCP break promise, use lies, censorship, torture & virus to spoil the world. CCP won't stop infiltrating & corrupt your country. Time rip this CCP virus.

What ever happened with ADRs?

The serious attack to ccp is focusing her economic benefit.

Great action, those selfish people can get this warning now. Those Wall Street monster

Should complying with US accounting requirements is a must for listings from day one? Why US let CCP get away with so much crap in the past?

FullMoonNoStar Yeah, and all the Wall Street greedsters who pushed to lower the standards of the greatest capital markets ever known should be banned for life. Start with Paulson and Roach, on to Schwarzman and the rest of the sellouts. And, Public Enemy 1, Bill Clinton.

Good for the US. Other countries should also ban the Chinese apps and technologies as they only invite surveillance and theft of personal data by CCP China. Chinazi China_is_terrorist BoycottChina

Powerful....... We should be do it before pandemic but opposite voices was too strong MakeChinaPay

China was way ahead of the US, they banned Russia controlled Facebook and US controlled Google long time ago.

No matter you are Democrats or Republicans, we should support banning TikTok and WeChat in the US. These two apps were used to spy on Americans and promote Communist China evil propaganda, while evil CCP has banned all Americans social media for years. SupportTikTokBan

more accountability finally

One of the best ideas to come from the tRump Administration, most assuredly will collapse the Stock Exchange if the Chinese Companies decide to all pull out at the same time. If tRump was so brave, why didn't he unpeg HK Dollar ?

It's the right way American government should keep and follow.

His administration is coming to a close.

Does that include the ones the Trump family does business with?

This is LONG overdue... The Chinese listings get exceptions and hide everything... Hokus Pokus accounting must end!

This is definitely a good call!

Their government insists on control as we will do

The S.E.C. Should work the same way for everyone

Let them move to London's trading market. Who cares

When Trump has not produced his tax records, isn’t it ironic

every injustice attacks put under a justice name.

Lebron is pissed!

Accountable just like everyone else!

Should have been enacted ages ago.

Why is this plan needed when the law has already been passed, unanimously?

GOOD !

They'll never be able to be as transparent as the tRump Organization or any of its officers.

20 years too late. Every other company listed on US exchanges has had to comply. But not CCP-controlled companies.

You would expect everyone having to adhere to the same rules to be a no-brainer

🙄🙄 their “reporting” will be as accurate as their Covid reporting. Delist them and move on already.

Oof, only bad things come of a giant sell off.

Same rules for all listings! Good

Why is that a requirement already?

realDonaldTrump could makes a stocks market crashing the biggest in history.

US stock market will lose business. At the end the stock market is only as powerful as the stocks in it. If good stocks are listed elsewhere, the money wouldn’t stay.

Aboodisblue NOI

USTraded and USGAAP sounds reasonable

It's the Chinese Exclusion Act all over again.

ironic.

Yet Microsoft Bill and Trump is making a China tiktok deal? BullNews!

US oligarchs played a bad hand, had Neoliberalism blow up in their faces now small US investors will pay the price.

Good. Long overdue

now not yesterday and leave America

Sounds good.

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The Trump administration unveiled a wild plan to wall off China from the US internet - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Very good idea please do the same with the GCC and the Arab peninsula. We'd be able to live in peace thereafter. thehill Each continent should have its own Internet system. & only selective connection with other continents. GOOD. CHIMA ENSLAVES UIGHURS
Source: BusinessInsider - 🏆 729. / 51 Read more »