President Donald Trump on Thursday said that it is wrong and dangerous for China to benefit from US capital markets without complying with critical protections that investors rightfully deserve. He issued a memorandum to protect American investors from Chinese companies.
"For decades, Chinese companies have availed themselves of the benefits of US financial markets, and capital raised in the US has helped fuel China's rapid economic growth," Trump said.
The memorandum was issued to Secretary of State Mike Pompeo and other members of the top national security leadership.
"While China reaps advantages from US markets, the Chinese government has consistently