Chris from Financial Times said that Given the chaos being sown by President Trump in his final days in office — a CNN headline that just came up on my screen reads: “Trump to speak to supporters in desperate coup attempt” — US policies towards China and regarding tech are hard to put a finger on at the moment.
The move by the New York Stock Exchange to delist Chinese telcos with links to the military is a case in point. On Monday, it reversed its decision to do so “in light of further consultation with relevant regulatory authorities”. Today, it went back to saying it would drop the shares of China Telecom, China Mobile and China Unicom from Monday. It said this was based on “new specific guidance” from the US Treasury about Mr Trump’s executive order made last year on Chinese companies with military links.
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