One of the unique aspects of doing work on China is how ready everyone is to claim the "China exclusion". Let me give you two examples. People will argue it is nationalist, racist, and all kinds of other -isms to say Chinese companies should be blocked from listing in 1/n
In the United States. The plain fact of the matter is that Chinese companies with help from China are absolutely refusing to follow black letter law about securities offering requirements. People arguing that we should allow Chinese companies to list are literally arguing 2/n
We should ignore US securities law almost exclusively for Chinese companies. The "China exclusion". Let me give you another example. Universities and political science professors will talk at length about foreign interference and disinformation and rightfully so. 3/n
Ask them to ensure their own universities and departments are following the laws for foreign donations and we get the politician and China response: trust me. One of the biggest changes in all things China is that most of the changes are not legal but actually enforcing 4/n
Existing laws and applying them to all parties. We absolutely should demand of political leaders that they not have foreign conflicts of interest even potentially. Whether it is securities markets of universities, we need to apply those same standards to our own industries 5/n
or profession. Again, this is not even about treating China better or worse. It is simply treating China like all other countries and participants in an activity and applying those counter party standards upon politicians, securities markets, and universities. Just the same.
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