Connect with us

Hi, what are you looking for?

video

NYSE scraps plan to ban China’s largest telecom firms

In a U-turn, NYSE is scrapping plans to ban China’s largest three telecom firms from trading

In a bizarre U-turn, the New York Stock Exchange (NYSE) is scrapping plans to ban China’s largest three telecom firms from trading. It followed a Trump executive order barring American investments in Chinese firms owned or controlled by the military. The NYSE said the change, of course, was decided after discussion with US regulators.

Al Jazeera’s Katrina Yu reports from Beijing, China.

More on the US-China trade war:

A quick guide to the US-China trade war 

On The Cusp Of 2021: Trade War Continues Between US And China