Blackballing Chinese Stocks – WSJ

The Trump Administration is hardening its line against Beijing on many fronts, including a ban on some Chinese tech platforms. This may be necessary in some cases to protect national security. But the Administration’s threat last week to kick Chinese companies off U.S. stock exchanges could backfire by harming Americans and playing into Beijing’s hands.

The Senate unanimously passed a bill in May banning Chinese companies from U.S. exchanges if they don’t give the Public Company Accounting Oversight Board (Pcaob) access to…

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