Trump Gets Victory Against China at the New York Stock Exchange

President Trump has made it a point to target Chinese telecom companies during his presidency and he has now scored another victory against them.

They have been removed from the New York Stock exchange.

According to The Washington Free Beacon:

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The exchange announced that it will cease trading for China Telecom, China Mobile, and China Unicom as early as January 7. The three firms were the first companies removed from the New York Stock Exchange as a result of President Trump’s November executive order banning the trading of any public companies that the U.S. government believes are owned or controlled by the Chinese military.

The order is part of a larger push targeting Chinese companies that trade in U.S. markets. In December, Congress passed legislation with bipartisan support that will require Chinese companies to comply with American accounting standards or face delisting—an oversight requirement opposed by Beijing.

In response to the delisting, the Chinese government has threatened to take “necessary countermeasures” to defend the interest of its corporations. The shares of the three delisted companies have dropped since the news broke on December 31. China Telecom suffered the worst losses in the wake of the announcement, losing 7 percent of its value in the last five days. China Unicom’s shares dropped 6 percent, while China Mobile lost 5 percent.

The executive order is expected to affect more than 30 Chinese companies. Analysts predict that state-owned oil companies might be next on the chopping block, given their close ties to the Chinese military.

President Trump has made it a point to crackdown on companies tied to the Chinese military.

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tractor man
tractor man
12 days ago

So what. President Harris will void everything when they get in.

ABUTOM
12 days ago

CORRECTION NOT GUN SHOTS.. SMELL WELL THE DEMOCRAT CHINESE SPY. HAD A FLATULENT ATTACK AFTER SUFFERING FROM VOTER IRREGULARITY/ HE TOOK TOO MANY TRUMPALAX.

THERE IS A BIG SPLIT COMING IN THE SO CALLED REPUBLICAN PARTY.

ONCE WE GET THOSE VOTING MACHINES AMERICANIZED. A THIRD PARTY IS COMING. A PRO LIFE PARTY. PRO AMERICAN PARTY, PRO GOD AND COUNTRY. THE SPIRIT OF AMERICA PARTY IS COMING. 77 CONGRESS MEN AND 13 SENATORS WILL GROW TO 80 MILLION VOTES FOR STARTERS. IN TWO YEARS THE THIRD PARTY WILL BECOME THE SECOND PARTY OR THE FIRST PARTY. WE NOW HAVE A RASULI IN PRESIDENT TRUMP WHO HAS SUCCEEDED IN BRINGING THE ARAB WORLD TOGETHER WITH ISRAEL FOR PEACE AND PROSPERITY. HOW DID HE DO IT?
THE FIRST TIME IN 70 YEARS. HE AVOIDED THE DOGS OF WAR. JUST LIKE HOME HE APPEALED TO THOSE WHO WANT A BETTER LIFE.
ONCE WE BUY AMERICAN VOTING MACHINES HUGO CHAVEZ WILL NOT STEAL 10 MILLION VOTES. THE ECONOMY WILL STILL DO GOOD FOR TWO MORE YEARS. AMERICANS MUST NOT RELY ON THE COMMUNIST MEDIA. TAXES IS ALL THE BRAINWASHING GOVERNMENT CARES ABOUT.
WE NEED MORE AMERICAN JUDGES. NEVER FORGET WHEN YOU ARE FEELING DEFEATED. 25% OF THE AMERICAN PEOPLE WAS ALL IT TOOK TO WIN THE REVOLUTION. NO REVOLUTION SINCE HAS SUCCEEDED. START NOW TO TURN THE HOUSE AMERICAN.

SPIRIT OF AMERICA PARTY RADIO SHOW ON BLOGTALKRADIO.COM IS THE LEFT BI STILL ON STRIKE? HOW ABOUT THE CYA?

[FULL] 1st GOP 2016 Presidential Debate Top 10 Republican Candidates – Aug. 07, 2015 – FOX News – – YouTube OH PROMISE ME

https://www.youtube.com/watch?v=DIaUFdbW8X4 ; OBAMA UNDER THE RADAR

       
https://www.youtube.com/watch?v=XIXvbSL83RM DEMOCRAT COMMUNISTS VOTE GOD OUT

https://www.youtube.com/watch?v=hGthgVd3i0E FLAG BURNERS OF RECORD

https://www.youtube.com/watch?v=nNkhUJCCJao ; SAVE THE KIDS

Michael Skok
11 days ago
Reply to  ABUTOM

I don’t believe you. There is rot every where. Jesus told us about the woman who leavening in the dough until the whole dough was leavened. Leaven is a type of death–like rot. The only thing that will save us is the Second Coming.

Grace
Grace
12 days ago

Watching that Crook, Biden on cable pleading for decency during a peaceful demonstration is an insult for every American who believes in an honest election. They didn’t bring flame throwers, they didn’t bring molotive cocktails and they didn’t hurt anyone. They demonstrated for their rights. This isn’t over. The breach will become wider and some bastrd politician could at least have the decency to come forward in defense of tens of thousands of citizens holding a peaceful demonstration. If it had been BLM/Antifa you would have dead bodies. The old Republican party is dead, Long live the new one. As for phony Biden, best he keep his lying mouth shut. everyone knows what he is.

Steve
Steve
12 days ago
Reply to  Grace

I AM SO PISSED AT THESE CREEPOIDS! INCLUDING PENCE WHOM WE ALL KNEW WAS A JUDAS! REMEMBER…PENCE TOO RECEIVED AN “ENVELOPE” AT GWHB FUNERAL!
PENCE IN INDIANA INVOLVED IN SOME…I wont say here…DASTARDLY DOINGS WITH 47 OTHER DASTARDLIES…ON TAPE, ON DOCUMENT, ON WATCH!

Becky
Becky
12 days ago
Reply to  Grace

The only problem is, the communist party WILL shut biden up by putting in another non-Natural Born Citizen..
bammie #2 coming right up.

CaptTurbo
CaptTurbo
12 days ago

Resist the theft!

Randy
12 days ago

And today the NYSE said they would NOT delist these companies because the CCP intervened. Does ANYONE need any more evidence that the CCP wields too much power and influence in this world?!?!?

Becky
Becky
12 days ago
Reply to  Randy

So are they on or off?
China will shortly be running America. And we can thank the Globalists for that.

AmFer
12 days ago
Reply to  Becky

No, all the thanks go to Joe Biden and Hunter Biden!

AmFer
12 days ago
Reply to  AmFer

Oh, I forgot to add Obama to my above post.

Becky
Becky
12 days ago

Today we lost America. Find your local militias people because our only safety now is in numbers.
If the Communist Party goes after Trump (they are already planning their moves) we MUST protect him.
Prepare.

Calvin
12 days ago

Yes. LET’S get down to what is real.

Zachary Thomas
12 days ago

This is Great News. Thank you. For All you have done for our Country. We are with you. You were not served well by many of your staff. What a Shame.Shame on them. The Lord sees All. We All will need to seek and Lean on Him even More.

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