US should be sincere in trade talks
They have tried to block trade with China by raising tariffs on Chinese products. They have sought to block the advance of Chinese tech giant Huawei by cutting its supplies. Now, according to a tweet by a Bloomberg News reporter on Friday, US administration officials are considering delisting Chinese companies from US stock exchanges and limiting the exposure of US government pension funds to the Chinese market.
Although Bloomberg cited a US Treasury official on Saturday as saying there is no plan at the moment to stop Chinese companies from listing on US exchanges, it appears there is no smoke without fire.
It was telling that the official said that the administration is not contemplating blocking Chinese companies from listing shares on US stock exchanges "at this time".