Hmmm Anyone have a sense of how much of an effect this would have on China? Long term ability to pivot? Guess we find out how much American finance still matters https://www.washingtonpost.com/world/asia_pacific/trump-china-bank-dollar-sanctions-trade-hong-kong-protest-crackdown/2020/05/28/3d947af8-9e62-11ea-be06-af5514ee0385_story.html …
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arglebargle heads, pikes, etchttps://twitter.com/costa11235/status/1266069744039407616?s=19 …
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Jay Clayton, head of the SEC, was one of the IPO councils of Alibaba. For context, one of the directors resigned under a rule, which allows directors to resign if otherwise they’d incriminated themselves. Funfact, Alibaba has also been booking billions of income for gains on
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related parties despite those trading on Chinese exchanges for far less than Alibaba booked them for. What I’m saying is, when Clayton says „muh Chinese ipos“ he was and continues to be part of the problem
End of conversation
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