Here comes the US crackdown on China stocks

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Here comes the US crackdown on China stocks
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Chinese stocks are the latest flashpoint in an intensifying standoff between the US and China. In recent days, US lawmakers, government agencies and stock exchanges have taken steps aimed at limiting Beijing's access to America's vast capital markets.

New York Chinese stocks are the latest flashpoint in an intensifying standoff between the United States and China.

In recent days, US lawmakers, government agencies and stock exchanges have taken steps aimed at limiting Beijing's access to America's vast capital markets. The US Senate unanimously passed a bill Wednesday that would prevent companies that refuse to open their books from listing on Wall Street. The bill's bipartisan cosponsors said the goal is to "kick deceitful Chinese companies off US exchanges.

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