China says US is adopting discriminating policies on Chinese firms
China firmly opposes politicising securities regulation, foreign ministry spokeswoman Hua Chunying told a regular briefing
Chinese flag Photo: Collected
China said on Wednesday that the United States is adopting discriminating policies towards Chinese firms, in response to the US House of Representatives backing a bill that could block Chinese firms from US securities markets.
China firmly opposes politicising securities regulation, foreign ministry spokeswoman Hua Chunying told a regular briefing.
The US House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standards, congressional aides said on Tuesday.
