China stocks falter as U.S. House clears delisting bill ...Middle East

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China stocks falter as U.S. House clears delisting bill
source : Devdiscourse ( Middle East ) () 69
China stocks edged lower on Thursday after the U.S. House of Representatives passed a bill that threatened to delist Chinese companies off U.S. stock exchanges, a move likely to further ratchet up tensions between Washington and Beijing. ** Measures taking a harder line on Chinese business and trade practices generally pass U.S. Congress with large margins. Both Democrats and Donald Trump's fellow Republicans echo the president's hard line against Beijing, which became fiercer this year as Trump blamed China for the coronavirus ravaging the United States.

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