The New York Stock Exchange announced Friday that it will delist CNOOC , China's third largest oil company and its largest offshore oil producer. Shares in the firm will stop trading from March 9.The exchange said it was aiming to comply with an order former President Donald Trump signed in November, which bans Americans from investing in firms that the US government suspects are either owned or controlled by the Chinese military.
Days before Trump left office in January, the US Commerce Department added the company to a list that effectively cut it off from American supplies and technology. At the time, former Commerce Secretary Wilbur Ross called the firm a"bully" for China's military, and claimed that it has harassed offshore oil and gas exploration in the South China Sea by other countries.Beijing has repeatedly blasted such restrictions as an abuse of power by the United States.
感谢美国，中海油的油价今天又降低了
zixian Well done
Don't make everything become politics🙏
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This is terrible for the economy
This is bad