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Showing posts with label China-USA relations. Show all posts
Showing posts with label China-USA relations. Show all posts

8/11/20

China- USA relations: US treasury secretary threatens stock market ban for Chinese companies

US treasury secretary Steven Mnuchin singled out Chinese firms on Monday while warning companies to either comply with US audit requirements or be delisted from the US stock exchange as of the end of 2021.

"As of the end of next year, if they do not fully comply, and that's Chinese companies, any other companies, because they all have to comply with the same exact accounting... they will be delisted on the exchanges," he said.

 Read more at:
US treasury secretary threatens stock market ban for Chinese companies | News | DW | 11.08.2020