Washington to Limit Capital Flows to China: Bloomberg

Washington to Limit Capital Flows to China: Bloomberg
The New York Stock Exchange on Broad Street, New York, on Sept. 7, 2017. Samira Bouaou/The Epoch Times
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The Trump administration is moving ahead with discussions around possible restrictions on capital flows into China, with a focus on investments made by U.S. government pension funds, Bloomberg reported on Oct. 8, citing people familiar with the matter.

The sources said works had progressed since signs emerged late last month that the White House was considering ways to force the delisting of Chinese companies from U.S. exchanges, later played down as “fake news” by trade adviser Peter Navarro.