New York The United States and China have a frosty economic relationship right now -- see the TikTok asset sale drama -- and there are growing expectations that more Chinese companies with stocks trading on US exchanges will soon move their listings home.
There are simply too many political risks, experts say, that are unlikely to abate even after the US presidential election. Joe Biden may show more diplomacy with regard to China if he defeats President Trump. But Biden could still take a hard line on trade and other economic issues. And Chinese companies may see listing in China or Hong Kong as a safer move.
Why Trump's war on WeChat could hurt American businesses 03:00Analysts at the KraneShares CSI China Internet ETF , which owns the US-listed shares of Alibaba as well as e-commerce rivaks JD.com and Pinduoduo and top Chinese search engine Baidu , think worries about a more stringent crackdown on Chinese companies are overblown.
htjlaw The globalization was the fuel that China needed to bring the multinationals from other countries by giving them lots of benefits. USA spent trillions on wars and forgot the infrastructure.
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