U.S. Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will ...
WASHINGTON: US Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will be delisted from US stock exchanges as of the end of 2021.
The recommendation is part of a push by the Trump administration to correct what it calls major imbalances in ties between the world's two largest economies. Tensions between the two countries have flared in past months over China's handling of the coronavirus outbreak, Hong Kong and human rights.
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