Posted on 09/27/2019 2:06:49 PM PDT by BeauBo
The discussion is in its preliminary stages and nothing has been decided, CNBC’s source says. There’s also no time frame for their implementation, the source adds. Restricting investments in Chinese entities would be meant to protect U.S. investors from excessive risk due to lack of regulatory supervision, the source says...
The deliberations come as the U.S. looks for additional levers of influence in trade talks, which resume on Oct. 10 in Washington...
Bloomberg News first reported earlier on Friday that Trump administration officials are considering ways to limit U.S. investors’ portfolio flows into China, including delisting Chinese companies from American stock exchanges and preventing U.S. government pension funds from investing in the Chinese market.
Shares of Alibaba, Baidu and other Chinese companies plunged following the news.
(Excerpt) Read more at cnbc.com ...
Get as much money out as possible, before the sham comes crashing down.
Chinese state-run companies (and they are pretty much the only ones allowed to grow large enough to issue foreign securities) are a black hole of political and state management.
And all the rest are under continuous oversight by “mayors” and other functionaries who are nothing more than party officials with make-work jobs.
FYI
The President is right in his effort to protect American investors.
It’s not his job to make investment decisions for other Americans.
Sometimes it is his job.
We will see.
Where exactly in the Constitution is that job description defined?
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