Foreign Ministry Spokesperson Wang Wenbin s Regular Press Conference on December 21, 2020 chineseembassy.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chineseembassy.org Daily Mail and Mail on Sunday newspapers.
2020-12-21 12:05:07 GMT2020-12-21 20:05:07(Beijing Time) Xinhua English
BEIJING, Dec. 21 (Xinhua) Chinese foreign ministry spokesperson Wang Wenbin has voiced firm opposition to U.S. President Donald Trump s signing into law a piece of legislation which seriously hinders the normal listing of Chinese companies in the United States.
The Holding Foreign Companies Accountable Act, recently passed by the U.S. House of Representatives, demands additional information disclosure from foreign public companies in the U.S. market, including the requirement that foreign issuers of securities establish that they are not owned or controlled by a foreign government. This was nothing but an unreasonable political crackdown on Chinese companies listed in the United States, Wang said at a press briefing.
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