China says U.S. law on audits and regulations will harm both sides

SHANGHAI (Reuters) - China's securities watchdog on Sunday condemned a U.S. law that could block Chinese firms from U.S. securities exchanges, saying it politicised regulation and would damage both countries.The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations. "We are firmly opposed to the act of politicizing the securities regulation, as the content of..