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China could target America’s big 30

China could target America’s big 30

Mubasher: China could target American companies in part of retaliation against the tariffs imposed by the Trump Administration.

The Chinese government says it does not want a trade war with the United States, but in case Chinese companies suffer, Beijing will have no choice but to protect its investors, and may target the companies listed on the Dow Jones index in the New York Stock Exchange (NYSE), as reported by China’s Global Times.

The government-owned paper revealed on Thursday that the 30 listed companies, including Apple, Boeing, and Microsoft, which could all be affected by Chinese retaliation.