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Senate passes bill that could block Chinese firms from U.S. securities exchanges

Sen. Van Hollen announces a bipartisan agreement on Turkey sanctions during a news conference
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WASHINGTON (Reuters) - 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.The measure, sponsored by Republican Senator John Kennedy and Democratic Senator Chris Van Hollen, passed by unanimous consent. However, it must pass the House of Representatives and..
Date Published: May 20, 2020
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