ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Trade war

Luckin first casualty as US takes aim at China transparency

Nasdaq’s delisting of coffee chain follows Trump call for higher accounting standards

NEW YORK -- U.S. President Donald Trump and his Republican Party have doubled down on making China transparency a top issue in an election year, both in terms of the coronavirus response as well as listed companies.

While Trump repeatedly accuses China of failing to be open and honest about its handling of the outbreak, his administration is considering steps that would close off its stock markets to Chinese companies that do not comply with American rules.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more