The differences between United States
and China have increased on each passing day. It’s open secret that Coronavirus
is the reason for the gap between two nations.
United States targets to delist Chinese
companies in US. US Senate passes the bill unanimously to corner China. Both
Democrats and Republicans join hands on the bill. The intention of the bill is
Chinese firms could be forced to give up United States listings. As per the
sources, there are 600 Chinese Companies listed in US Stock Exchanges. Alibaba’s
shares drop by 2% when US Senate passes the bill. BAIDU, a Chinese search
engine company is considering delisting itself from NASDAQ. State owned Chinese
companies could be made to leave US. All major Chinese companies might leave US
once after President signed on the bill.
The second ways that US targets China
is supporting Taiwan. US government is approved the bill on selling of arms to
Taiwan. This is the most irritating to China than earlier one. US have decided to
sell Taiwan $180 million of torpedoes. World knows the enmity between China and
Taiwan. China didn’t agree on independent status of Taiwan and it argued that
Taiwan is part of China. US decision to sell arms to Taiwan enrages China. The
timing of United States statement on arms deal to Taiwan is worrisome to China.
US made the statement when Tsai Ing-wen was elected as President of Taiwan for
second time. US is the worst affected nation with Coronavirus. Its economy
devastated with pandemic virus. Now, it is the time of US to take revenge on
Dragon nation.
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