Sen. Rubio: Chinese stocks should be delisted if they don't follow US standards

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Chinese companies should have to follow U.S. laws if they want access to U.S. capital markets, according to Sen. Marco Rubio. “They have reaped enormous economic rewards while exploiting our openness and our freedom.”

Sen. Marco Rubio calls into "Squawk Alley" to discuss his stance on Chinese companies listing in American financial markets.

 

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That makes sense Marco, unlike your support for a president who questioned and insulted your manhood to your face.

jonfortt marcorubio please watch this video IFRS vs US GAAP Let's take a moment to study the facts before we tweet to the world that we don't understand accounting standards. Thank you

A liar

Likewise US as exploited enormously (China ,'s cheaper labour and mtg cost and huge markets).. quid pro quo?

And American companies in China should follow Chinese laws if they want access to Chinese money - e.g. NBA, Marriott etc.

Rubio is right on this one

China min-wage is ~$3 Are they gonna increase it in accordance to US law Will they force their sweatshops to be OSHA quality regulations? Will they be guaranteed overtime after 8hrs/day 40hrs/wk? Will they get social security benefits

Don’t be daft, you fool.....capital in not border constrained. Don’t want Chinese companies to play in the US market? Dumb...they will simply list on DAX, FTSE, etc etc etc....where US capital flows in and out. And btw, China, as it happens, has a rather robust mrkt of its own...

This senator knows nothing about finance

Ban ALL trade with China. Consequences be damned.

This is common sense and everybody in DC should be behind this. Chinese companies participate in free market but American companies are handcuffed in China.

marcorubio is full of it as usual. 'A plan to scale back post- ­financial-crisis banking rules cleared a key Senate hurdle Tuesday, with more than a third of the Senate Democratic caucus joining united Republicans to move the measure toward passage.'

You have no choice 😂

Both Chinese BANKS and PUBLICLY TRADED COMPANIES need to STOP COOKING THEIR books in order to attract FOREIGN CAPITAL. We in the west WANT TO SEND our EXTERNAL AUDITORS from AROUND the GLOBE to LOOK into ACCOUNTING practices followed by the CORRUPT CHINESE COMMUNIST PARTY (CCCP)

Lol good luck with that

$ looted from US used to enhance their own (Chinese) defence ND aligning with North Korea ND pakistan enemies of US .. why can't US think tank look all this coming or writing on wall

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