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China criticises removal of more Chinese stocks from U.S. index

Published 07/09/2021, 03:47 AM
Updated 07/09/2021, 03:51 AM
© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo

© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo

BEIJING (Reuters) - China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues, after a major U.S. shares index removed more Chinese stocks following an executive order by the Biden administration.

© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo

As China's capital markets continue to reopen, the fact that some Chinese companies are not included on certain indices will not stop international investors from investing in them, foreign ministry spokesman Wang Wenbin told a news briefing.

The S&P Dow Jones Indices and FTSE Russell late on Wednesday decided to remove more Chinese companies from their indices after an updated U.S. executive order barred domestic investment in firms with alleged ties to China's military.

Latest comments

China is the origin of the majority of pandemics throughout human history and just recently made a threat to any country that attempts to hinder Chinese superiority...then they Pikachu face when this happens. MSM does not know how to respond since the US media is bought and paid for by China and have been brainwashing the masses to ignore what China has been doing for years.
China is the origin of the majority of pandemics throughout human history and just recently made a threat to any country that attempts to hinder Chinese superiority...then they Pikachu face when this happens. MSM does not know how to respond since the US media is bought and paid for by China and have been brainwashing the masses to ignore what China has been doing for years.
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