Beijing and Washington once encouraged Chinese corporate listings in the U.S, state and private-sector alike. No longer. Some U.S. politicians want them delisted, and Xi Jinping’s administration wants China’s best companies listed back home.
Pinduoduo users attend the company's Nasdaq listing ceremony at Shanghai Tower, July 26, 2018. Credit: Visual China Group via Getty Images
For the past three months, hawks have called on the Securities and Exchange Commission to end the ease with which American investors can invest in Chinese companies. They are demanding delisting, a process by which the SEC would seek to remove Chinese companies from U.S. exchanges unless the firms voluntarily decamp.
An excerpt from President Donald Trump's 'America First Investment Policy', released February 21, 2025.
At stake are the publicly traded shares of almost 300 companies with a
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