5 Chinese State Companies to Delist from NYSE; Torrential Rain, Flash Floods Strike North China
[video=youtube_share;E6GipnnygVY]https://youtu.be/E6GipnnygVY[/video]
China in focus
Five major state-owned Chinese companies are about to delist from the New York Stock Exchange. China’s regulator says it’s by choice, but an ongoing U.S.-China debate may suggest otherwise. Some officials say investment company BlackRock is putting climate issues at the top of its agenda—even above making a profit for U.S. pension funds. Beijing has stopped talking about its economic goals for the year, hinting at a worsening Chinese economy. And the problem is spilling over into the job market. The United States, Indonesia, and some allies held a joint military exercise. China condemned the drills as looking for conflict, while a top U.S. admiral said the opposite.
[video=youtube_share;E6GipnnygVY]https://youtu.be/E6GipnnygVY[/video]
China in focus
Five major state-owned Chinese companies are about to delist from the New York Stock Exchange. China’s regulator says it’s by choice, but an ongoing U.S.-China debate may suggest otherwise. Some officials say investment company BlackRock is putting climate issues at the top of its agenda—even above making a profit for U.S. pension funds. Beijing has stopped talking about its economic goals for the year, hinting at a worsening Chinese economy. And the problem is spilling over into the job market. The United States, Indonesia, and some allies held a joint military exercise. China condemned the drills as looking for conflict, while a top U.S. admiral said the opposite.