U.S. Regulation of Chinese Stocks

Tensions between the United States and China have again moved to center stage. In recent weeks, the Trump Administration has ordered China to close its Houston consulate over allegations of economic espionage, imposed sanctions on Hong Kong officials accused of undermining the region’s autonomy, and issued executive orders that may effectively ban the use of two Chinese apps—TikTok and WeChat— in the United States. While commentators once noted the interdependence that characterized the U.S.- China relationship, these developments and similar disputes now generate debate over whether the two powers are on the verge of an economic “decoupling.”