Does the United States really want to decouple from China in the financial industry? Presumably, the answer is "No".
The US administration's recent actions against short video-sharing app TikTok, which is owned by Chinese company ByteDance, the tightening regulatory scrutiny of Chinese companies listed in the US, and some news of individual companies delisting from the US stock market, have all boosted discussions on the reported US initiative to decouple from China in the financial services sector.
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