The economy of the Sino–US conflict: its impact on Chinese firms listed in the US and Hong Kong as a financial hub
T. K. P. Leung and
Lawrence H. W. Lei
Asia Pacific Business Review, 2022, vol. 28, issue 5, 680-700
Abstract:
The US is currently pursuing a cold war strategy against China, having initiated a trade war and delisted Chinese companies to restrict China’s development. Although China interacts with other countries through foreign direct investment, it prevents the circulation of speculative monies from the international market by enclosing its national capital account. As many Chinese companies have a variable interest entity structure, their delisting from the US will motivate relisting in Hong Kong. The US and China need to conceive a coevolution strategy to generate a better world.
Date: 2022
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DOI: 10.1080/13602381.2022.2116875
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