US President Donald Trump said his administration would be looking into the practices of Chinese comapnies listed on US exchanges, of which there are around 156. AFP/MANDEL NGAN
The announcement followed Beijing’s move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom, as well as with Trump’s claims that China obfuscated the origins of the coronavirus that has killed more than 100,000 people in the United States. “Investment firms should not be subjecting clients to the hidden and undue risks associated with financing Chinese companies that do not play by the same rules. Americans are entitled to fairness and transparency,” he added.
Among the largest were e-commerce giant Alibaba, China’s largest oil producer PetroChina and Sinopec, the world’s largest oil refiner.
America will one day regret electing a businessman to be president of their country.
Trump needs to be anally probed. He seems to have a bug up his arsehole.