US slammed for barring China IPOs

Socio-Economic Research Centre executive director Lee Heng Guie (pic) said the new legislation would add more downside risks to the deep global recession and financial markets’ volatility.

PETALING JAYA: The new American legislation to bar foreign firms from listing on its stock exchanges could set off a fresh round of US-China trade and financial tensions, economists said.

Socio-Economic Research Centre executive director Lee Heng Guie said the new legislation would add more downside risks to the deep global recession and financial markets’ volatility.