“The overseas-listed Chinese companies are not only getting money from American investors. They are also getting accustomed to international governance standards, best practices in disclosure and investor protection, and how to be a responsible member of the global investment community,” Ms Xiang said. BBC
Advertisement This is the third entry in John D. Van Fleet’s Shanghai Lockdown Diary in The Diplomat. Read the first two here and here. Xujiahui, Shanghai, May 23: “Reports of our release have been greatly exaggerated.” So quipped one of the WeChat tribe here, with a hat-tip to U.S. author Mark Twain. Another complained, “What annoys me is people messaging from overseas saying, ‘I hear you’ve opened up.’” For weeks now, we’ve heard succeeding statements about release dates, but release itself has become like a rainbow, receding into the distance…
In March, he did something very similar when he said “Vladmir Putin cannot stay in power”, forcing US officials to swiftly deny America was calling for regime change in Moscow. But when asked about it later, Mr Biden did not back down. He was, he said, expressing his “moral outrage” at what Putin was doing. BBC