Geopolitics
Governance/Geopolitics US to delist Chinese firms from stock exchanges if they fail to meet standards
Just Earth News | @justearthnews | 10 Aug 2020, 09:18 pm Print
Washington/Sputnik: US Treasury Secretary Steven Mnuchin told reporters on Tuesday that Chinese companies that do not comply with accounting standards by the end of next year will be delisted from US stock exchanges.
"As of the end of next year, if they do not fully comply - and that's Chinese companies and the other companies - they all have to comply with the same exact accounting or they will be delisted on the exchanges," Mnuchin said during a White House press briefing.
More Geopolitics
- US official reacts to Elon Musk's remarks backing India's permanent UNSC seat
- Sri Lanka: 6.2 magnitude earthquake hits Island Nation, no casualty
- UN chief hails SE Asia for vital role ‘building bridges of understanding’
- India-Uzbekistan Synergy at the SCO
- Kazakhstan to host Astana International Forum in June to address key global challenges
