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France 24
France 24
Business

New York Stock Exchange reverses decision to delist Chinese companies

BUSINESS DAILY © FRANCE 24

The New York Stock Exchange has reversed a decision to delist China's three biggest telecoms companies, after it re-evaluated a White House directive on the subject. The NYSE had announced the delisting on December 31, following an executive order which barred Americans from investing in companies linked to the Chinese military. The move could have sparked fresh tensions between Washington and Beijing. Also today, we hear how champagne producers are dealing with the loss of sales due to the Covid-19 pandemic.

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