White House looking into blocking all U.S. investments in China: CNBC
- 5 years ago
"美, 對中 자본투자 차단 검토...중국株 상장폐지 방안도"
There's been a new development in the ongoing trade war between Washington and Beijing.
The Trump administration is reportedly weighing whether to place curbs on all U.S. investments into China.
According to a report by CNBC on Friday, the White House is looking into blocking all U.S. investments in Chinese companies as part of efforts to protect American investors from excessive risk due to China's lack of regulatory supervision.
Bloomberg also reports U.S. officials are discussing ways to limit U.S. portfolio flows into China, by delisting Chinese firms from U.S. stock exchanges.
However, the reports say nothing has been decided yet and the White House is still in the preliminary stages of reviewing the idea.
The reports come ahead of high-level U.S.-China trade negotiations set for October 10th in Washington.
There's been a new development in the ongoing trade war between Washington and Beijing.
The Trump administration is reportedly weighing whether to place curbs on all U.S. investments into China.
According to a report by CNBC on Friday, the White House is looking into blocking all U.S. investments in Chinese companies as part of efforts to protect American investors from excessive risk due to China's lack of regulatory supervision.
Bloomberg also reports U.S. officials are discussing ways to limit U.S. portfolio flows into China, by delisting Chinese firms from U.S. stock exchanges.
However, the reports say nothing has been decided yet and the White House is still in the preliminary stages of reviewing the idea.
The reports come ahead of high-level U.S.-China trade negotiations set for October 10th in Washington.