Beijing’s refusal to comply with the U.S. law while continuing to access our capital markets has subjected U.S. investors to the risk of enormous financial losses.
No one had imagined that the Chinese Communist Party would be willing to destroy an entire industry with abrupt policy changes.
If passed by the SEC, any Nasdaq-listed companies that do not comply with the new rules will have to “provide an explanation” to all shareholders.
No matter how much Wall Street firms kowtow to the Chinese Communist Party, they will never gain the kind of market access they desire.
When you encounter company leaders more interested in spending resources on popular leftist causes than providing the best products to customers, run away as fast as you can — and take your money with you.
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