A trader at the New York Stock Exchange on August 5. US capital markets, having already lost belt and road business due to Trump’s tirades, could be dealt out of the game of international finance if stock listing links with China were cut. Photo: AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Why Trump’s threat to cut China from US capital markets makes no sense

The administration is reportedly considering delisting Chinese stocks from US markets, but this would only push more belt and road business onto the Hong Kong and London exchanges, leaving New York out in the cold. Who exactly is Trump trying to punish?

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A trader at the New York Stock Exchange on August 5. US capital markets, having already lost belt and road business due to Trump’s tirades, could be dealt out of the game of international finance if stock listing links with China were cut. Photo: AFP
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