U.S., China: American Universities Warned to Divest From Chinese Firms Listed on U.S. Exchanges

The U.S. Department of State issued a letter warning U.S. universities to divest their endowments from Chinese companies listed on U.S. exchanges, and that a “wholesale de-listing" of Chinese firms from the United States by the end of 2021 would be a "likely outcome" of Washington’s stepped-up standards, Bloomberg reported Aug. 18. ...