HONG KONG -- Escalating tensions between the world's two largest economies have taken on a new edge with a proposed audit rule for U.S.-listed Chinese companies, which threatens to restrict their access to American capital markets.
Markets
China-US clash over stock market rules casts doubt over $1tn of listings
Hong Kong in lead to attract Chinese companies if Washington tightens audit rules
Some 25 Chinese companies raised $3.4 billion in initial public offerings last year on Nasdaq and the New York Stock Exchange. © Reuters
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