Three Chinese corporate giants leaving NY stock exchange

BEIJING (AP) — Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange,

adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits.

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Washington has cautioned that Chinese organizations including Alibaba Gathering, the world's greatest internet business organization

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may be driven away from U.S. stock trades if Beijing will not permit controllers to see the records of their corporate examiners.

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American specialists say different legislatures have consented to that step, which is expected by U.S. regulation, and China and Hong Kong are the main holdouts.

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China says talks are gaining ground however U.S. authorities say significant issues are irritating.

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Americans likewise are banished under a November 2020 request by then-President Donald Trump from putting resources into the stocks,

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adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits.

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