Beijing’s market regulator has called for closer communication with Washington in a bid to ease tensions after the US tightened controls on Chinese companies listing shares in America.
The US Securities and Exchange Commission said on Friday that Chinese groups would be subject to stricter disclosures over their structures and state ties before being allowed to list shares in the US.
In response, the China Securities Regulatory Commission said on Sunday that strengthened regulatory co-operation between the US and China was needed, and stressed Beijing’s efforts to improve the transparency and predictability of its policies.
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