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.

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