Updated June 5th, 2020 at 19:19 IST

China criticises US financial regulators

China on Friday accused US financial regulators of "political manipulation" after Washington issued a warning to American investors about allegedly "fraudulent" practices of Chinese companies.

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China on Friday accused US financial regulators of "political manipulation" after Washington issued a warning to American investors about allegedly "fraudulent" practices of Chinese companies. Geng Shuang, a Chinese foreign ministry spokesman, said forcing Chinese companies to de-list from Wall Street would damage the interests of US investors. Geng also it out at Facebook for putting warning flags over the home pages of state media in China and Russia, describing the move as discriminatory. On China's border tensions with India, Geng insisted the issue could be resolved properly through diplomatic and military channels. Geng refused to comment on a retired Chinese soccer player who swore allegiance to a purported alternative to the ruling Communist Party of China, saying the idea was "absurd".

 

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Published June 5th, 2020 at 19:19 IST