Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn Trading floor of the New York Stock Exchange Credit: Bart Sadowski, Shutterstock With tensions between the United States and China heating up over the global pandemic, the White House and Congress have recently taken steps that would make it more difficult for Americans to invest in China’s publicly traded companies. On Wednesday, the United States Senate unanimously passed legislation that would force the delisting of Chinese firms on U.S. exchanges, unless China increases cooperation with U.S. regulators and makes audit documents available. The House has yet to schedule a vote on a similar bill introduced after the Senate measure passed. And just over a week earlier, under pressure from the Trump Administration, the Federal Retirement Thrift Investment Board, which manages a $600 billion federal retirement fund, said that it would delay plans to shift money into buying shares of Chinese stocks listed in mainland China. Advocates of delisting Chinese stocks trading in the U.S. say the proposed legislation would protect American investors, aSubscribe or register to read the rest. Registered users can access a limited amount of content for free.Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.