A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP
A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP

US regulator says oversight of Chinese companies remains futile as authorities refuse American ‘principles and practice’

  • Discussions are unlikely to be productive unless ‘Chinese authorities are willing to embrace certain principles,’ says US regulator
  • US markets have increased exposure to companies with significant operations in China and passive American investors are bearing the brunt of the risks

Topic |   US-China trade war
A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP
A trader works on the floor of the New York Stock Exchange on July 1. Photo: NYSE via AP
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