US senator seeks to ban Chinese firms from US capital markets

US senator seeks to ban Chinese firms from US capital markets

FILE PHOTO: U.S. Sen. Marco Rubio (R-FL) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS

A top senator is preparing a bill to ban Chinese companies from U.S. capital markets if they engage in spying, human rights abuse or support China’s military, threatening a financial blow as tensions mount over COVID-19 and Beijing’s crackdown on Hong Kong.

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