US bill to delist Chinese companies indicates that it may not be business as usual
The US-China face-off over Covid-19 is escalating. While Washington is right to take Beijing to task it must study its actions and not leave any loose ends to discipline China. The US Senate has unanimously passed a Bill to delist Chinese companies from US exchanges. About 800 Chinese companies with a combined market capitalisation of $1 trillion, or 5 per cent of the total value of all stocks traded in the US, could be impacted. This does not immediately threaten [...]