CCP Makes Rare Regulatory Concession to the United States

CCP Makes Rare Regulatory Concession to the United States
Signage on the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, May 12, 2021. Reuters/Andrew Kelly
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On April 2, for the first time in 13 years, the China Securities Regulatory Commission (CSRC) revised the confidentiality clauses related to the listing of Chinese enterprises (China Concepts Stock) abroad, a rare concession by the Chinese Communist Party (CCP).

According to experts, the CCP’s adjustment strategy is to obtain more foreign exchange from out-of-country financing of Chinese Concept Stocks, but the CCP will also introduce new policies to control the so-called national security risks.

Kathleen Li
Kathleen Li
Author
Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
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