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China says forcing Chinese firms off US exchanges will harm US

Last Updated 05 June 2020, 07:49 IST

China said on Friday that forcing Chinese firms to retreat from US stock exchanges would severely harm US interests.

In a briefing, foreign ministry spokesman Geng Shuang also accused Washington of making hasty generalisations about China-based companies' accounting practices.

He made the remarks when asked about remarks by US Secretary of State Mike Pompeo warning American investors about fraudulent accounting practices of China-based firms.

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(Published 05 June 2020, 07:49 IST)

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