Chinese Oil Majors May Face U.S. Delisting After Telcos Cut

Chinese Oil Majors May Face U.S. Delisting After Telcos Cut

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of a US executive order signed by President Trump, which banned US investments in companies linked to the Chinese military, leading to the delisting of major Chinese telecom companies from the NYSE. Bloomberg Intelligence suggests that Chinese energy companies might be next. China has criticized the US actions and vowed to support its companies. As the Biden administration approaches, there is cautious optimism for improved US-China relations, with Chinese officials expressing willingness to engage in dialogue despite past difficulties.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did China respond to the delisting of telecom companies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Wang Yi express about the potential for US-China relations under the Biden administration?

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