The already serious friction between the United States and China ratcheted higher in recent weeks, and it's expanding to the stock market.
That issue is set to remain contentious, analysts say, as U.S.-China tensions take center stage — ahead of the U.S. presidential elections in November, where U.S. President Donald Trump will try to hold onto the White House.
Louisiana Republican Sen. John Kennedy, who sponsored the bill, would require companies to certify that "they are not owned or controlled by a foreign government." According to China Renaissance, apart from the delisting of Chinese companies, other actions the U.S. could take would include capping Americans' exposure to the Chinese market through government pension funds, and putting limits on the Chinese companies included in stock indices managed by U.S. firms.
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