OH NO, Chinese companies pulls out of US stocks

BEIJING (AP) -- Just a few years after Chinese companies lined up to sell shares on Wall Street, a growing number are reversing course and pulling out of U.S. exchanges.

This week, Focus Media Holding Ltd., announced its chairman and private equity firms want to buy back its U.S.-traded shares and take the Shanghai-based advertising company private. The deal would value Focus Media at $3.5 billion, according to financial information firm Dealogic.

Smaller companies also are withdrawing from U.S. exchanges. In a sign of official encouragement, a Chinese business magazine said a state bank has provided $1 billion in loans to help companies with listings abroad move them to domestic exchanges

http://finance.yahoo.com/news/chinese-companies-pull-us-stock-095649722.html

ok people. We need a serious trade fee now. this is bad.

In retaliation, Americans should stop shopping at walmart. That would bankrupt china.

ghandi wrote:In retaliation, Americans should stop shopping at walmart. That would bankrupt china.

if we went to target insttead, do you think that would help? or make no difference.

I think we need a tarrif on them

*Secret_Angel* wrote:

ghandi wrote:In retaliation, Americans should stop shopping at walmart. That would bankrupt china.

if we went to target insttead, do you think that would help? or make no difference.

I think we need a tarrif on them

Target isn't American owned either. Try mom and pop shops or visit www.madeinusa.org

Or any other American made product website.

ghandi wrote:

*Secret_Angel* wrote:

ghandi wrote:In retaliation, Americans should stop shopping at walmart. That would bankrupt china.

if we went to target insttead, do you think that would help? or make no difference.

I think we need a tarrif on them

Target isn't American owned either. Try mom and pop shops or visit www.madeinusa.org

Or any other American made product website.

oh, i like that link. I better watch out when I am bored, ill be shoppin online.