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Trade war

China warns US audit plan will harm both sides

Confidence in American capital markets would erode, Beijing says, as foreign companies leave

The floor of the New York Stock Exchange: China warns that the proposed law would weaken the U.S. capital markets' international standing.   © Reuters

HONG KONG -- The U.S. is "politicizing securities regulation" with a proposed law that could force Chinese companies off American stock markets, hurting both countries, China's top stock market watchdog warned Sunday.

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