Tag: companies

NEWS

Attorney General Barr — U.S. Companies Kissing Up To China

U.S. Attorney General William Barr has lamented many U.S. companies’ response to China’s demands in their operations in that country. He called out companies such as Walt Disney Co (DIS.N) Apple, Alphabet’s Google, and Microsoft Corp of kowtowing too much to the Chinese government. “If Disney and other American corporations continue to bow to Beijing, they risk undermining both their […]

BUSINESS

US Puts 33 Chinese Companies On Blacklist

The U.S. Commerce Department has recently placed new restrictions on 33 Chinese firms and institutions. The agency has added the companies and institutions to an economic blacklist, accusing them of helping China spy on its minority Muslim Uighur population in Xinjiang or because of alleged ties to weapons of mass destruction and China’s military. The move will restrict the sales […]

BUSINESS

Chinese Companies Not On Table For Delisting

Following reports that U.S. President Donald Trump’s administration is considering the possibility of delisting Chinese companies from U.S. stock exchanges, Treasury spokeswoman Monica Crowley has declared that that action is not on the table. She reportedly said, “The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time.” The earlier report shook up […]