Category: Fang Xinghai

Does Collusion Between Wall Street and the CCP Fuel Chinese Trading in US?

News Analysis While the Securities and Exchange Commission (SEC) continues to signal tighter audit standards for Chinese companies listed in the United States, the Chinese Communist Party (CCP) has been meeting privately with Wall Street firms to launch wholly-owned mutual funds in the Chinese capital market. Experts believe Wall Street will remain as a middleman…


China to Wall Street: Regulatory Crackdown Not Aimed at Restricting Private Firms

BEIJING/HONG KONG—China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week. The actions instead intend to strengthen the regulation of consumer-facing platform companies with a key role…