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Monday, December 30, 2024 | 10:43 PM ISTEN Hindi

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Trump's plan to delist Chinese stocks has left adults shaking their heads

China's financial elites now see the U.S. shifting the front of its trade war to financial markets - in part because its campaigns on the tariff and technology fronts haven't been going so well

India's exports battle amid US-China trade war: Explained in 7 charts
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ow that the U.S. has shown its cards, Beijing must be quietly preparing its plan B

Shuli Ren | Bloomberg
Has the U.S. gone mad? At least a dozen sources – from hedge-fund managers in New York to equity salespeople in Hong Kong and private bankers in Shanghai – found themselves asking this question after Bloomberg News reported Friday that the Trump administration is discussing ways to limit U.S. investment into China. The possible measures proposed are sweeping, including a halt to China Inc. listings in New York and limiting how much U.S. government pension funds can invest in mainland markets. Within 24 hours, a Treasury official said there aren’t any current plans to ban Chinese companies from U.S. exchanges

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