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US to de-list non-compliant Chinese firms by end of 2021 – Sydney Morning Herald
Steve Mnuchin and other officials seek changes to ensure that Chinese firms are held to the same accounting standards as US companies.
Washington: US Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will be delisted from US stock exchanges as of the end of 2021.
Mnuchin and other officials recommended the move to the US Securities and Exchange Commission last week to ensure that Chinese firms are held to the same standards as US companies.
US President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks at a news conference in t…
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