
US Signs Deal Keeping China Companies on US Stock Exchanges
NEWSWATCH BLURB:
Holding Foreign Companies Accountable Act: U.S.-China deal – www.protocol.com
Excerpt:
Earlier this morning, SEC Chair Gary Gensler confirmed that the U.S. and China had struck a deal that will allow Chinese companies to remain on U.S. stock exchanges beyond the effective 2024 deadline set by a law Congress passed during the Trump administration. That news is a big deal for U.S. investors and China’s tech sector. But zoom out and it also has significant diplomatic implications: The U.S. and China finally agreed on something. And, let’s face it, U.S.-China…