sources: China has warned of instability in international markets from any decoupling of China and the United States, after sources said the Trump administration was considering delisting Chinese companies from US stock exchanges, according to Nine News Australia. US President Donald Trump's administration is considering the move, three sources briefed on the matter said on Friday, in what would be a radical escalation of US-China trade tensions. To improve your experience update it here News WorldUS denies talk of delisting Chinese firms By AAP10 41pm Sep 30, House trade adviser Peter Navarro has dismissed reports that the Trump administration was considering delisting Chinese companies from US stock exchanges as fake news . Asked in particular about a Bloomberg report on the matter, Navarro on Monday told CNBC, Over half of it was highly inaccurate or flat out false. It would be part of a broader effort to limit US investment in Chinese companies, two of the sources said. Chinese Foreign Ministry spokesman Geng Shuang said he had noted the reports on delisting and the response from the US Treasury, which said there were no plans to block Chinese listings at this time . China-US trade and financial cooperation is mutually beneficial, Geng told a daily news briefing. One said it was motivated by the Trump administration's growing security concerns about the companies' activities.
(news.financializer.com). As
reported in the news.
Tagged under sources, administration topics.