China criticises removal of more Chinese stocks from US index

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues, after a major U.S. shares ...

China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues, after a major U.S. shares index removed more Chinese stocks following an executive order by the Biden administration.

People wearing masks, following the coronavirus disease outbreak, are seen near an electronic board showing Dow Jones and S&P 500 stock indexes, at the Lujiazui financial district in Shanghai, China November 9, 2020. REUTERS/Aly SongBEIJING: China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues, after a major U.S. shares index removed more Chinese stocks following an executive order by the Biden administration.

As China's capital markets continue to reopen, the fact that some Chinese companies are not included on certain indices will not stop international investors from investing in them, foreign ministry spokesman Wang Wenbin told a news briefing.The S&P Dow Jones Indices and FTSE Russell late on Wednesday decided to remove more Chinese companies from their indices after an updated U.S. executive order barred domestic investment in firms with alleged ties to China's military.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Didi extends fall as Beijing crackdown bodes ill for US-listed China companiesREUTERS: Shares of Didi Global Inc extended their slide on Wednesday in the wake of China ordering the app to be removed from mobile app ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »