Huawei, Tik Tok, the commerce warfare. Lately, political, diplomatic and financial relations between the US and the Folks’s Republic of China haven’t been at their finest.
And now as well as the Trump Administration, the SEC and the US Senate have determined to launch a marketing campaign to tighten surveillance over Chinese language corporations listed in the US.
In truth, on 20 Could 2020, the Senate gave the inexperienced gentle to the “Holding Overseas Corporations Accountable Act”; a legislation that might even result in the expulsion of giants comparable to Alibaba or Baidu from the US inventory markets.
However why is that this marketing campaign occurring and what precisely is it about? What has induced the White Home, the Senate, and the SEC to resolve to take motion in such a delicate space as finance? What affect does China actually have on world funds?
On this video, we attempt to reply all these questions and in addition offer you plenty of particulars about a number of the newest instances of massive fraud dedicated by Chinese language corporations quoted on the US inventory exchanges. Have you ever heard, for instance, about Luckin Espresso, popularly often known as the Chinese language Starbucks? Watch this video.
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