Republican lawmakers on March 3 introduced a bill that would block “malign Chinese companies” from being listed on American exchanges and other U.S. capital markets.
Under the proposed legislation, Chinese companies and their subsidiaries and affiliates that are on the Commerce Department’s “entity list” or the Pentagon’s list of companies “owned or controlled by” the Chinese military would be barred from tapping into American capital markets, including listing in securities exchanges and being included in indexes.
