The move by the Securities and Exchange Commission (SEC) adds to the unprecedented regulatory crackdown in China on domestic technology companies, citing concerns that they have built market power that stifles competition.
The Holding Foreign Companies Accountable Act, signed into law by then-President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and whatever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...in December, is aimed at removing Chinese companies from U.S. exchanges if they fail to comply with American auditing standards for three years in a row.