Talks are in a preliminary stage.
CNBC is reporting that the White House is considering a block on all US investments in China:
“The discussion is in its preliminary stages and nothing has been decided, the source said. There’s also no time frame for their implementation, the source added. This discussion includes blocking all U.S. investment in Chinese companies, the source told CNBC.
Restricting investments in Chinese entities would be meant to protect U.S. investors from excessive risk due to lack of regulatory supervision, the source said.”
Earlier reports have also indicated that the White House is considering delisting Chinese companies from stock exchanges in the US, and limiting how much American pension funds can invest in China.
Such a move would accelerate the decoupling of the US and Chinese economies, which is a good thing in the long run as the Western world must stop enriching the Chinese Communist State.
Spencer Fernando
Photo – YouTube
