Breakingviews - China’s market reformers face a changing America

Traders work on the floor at the New York Stock Exchange in New York, U.S., October 2, 2019. REUTERS/Brendan McDermid

U.S. President Donald Trump green-lit a discussion within his administration on whether to evict mainland companies from domestic bourses, Bloomberg reported last week. More than 150 firms hailing from the People’s Republic were listed on American exchanges as of February, including giants such as the $432 billion Alibaba and $36 billion Baidu. The news agency also reported that U.S. officials are examining how they might limit American investors’ portfolio flows into China.

China has market reformers?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s market reformers face a changing AmericaU.S. politicians are mulling whether to delist over 150 Chinese firms and curb American investment in their securities. Once a vocal proponent of open markets, some in Washington seem to be having second thoughts. That may undermine those in Beijing pushing for liberalisation.
Source: Breakingviews - 🏆 470. / 51 Read more »

Stock market on track to begin October trade; China kicks off 70th anniversaryU.S. stock-index futures on Tuesday point to a solid start to October and the third quarter as investors weigh fresh economic reports and Federal Reserve speakers, and as China celebrates the 70th anniversary of the founding of the People’s Republic.
Source: MarketWatch - 🏆 3. / 97 Read more »