Shang-Jin Wei quoted in Bloomberg article on NYSE China delistings
January 05, 2021
WEAI Professor Shang-Jin Wei was quoted in a Bloomberg article on the New York Stock Exchange delisting of three major Chinese telecommunications firms in response to a November 12, 2020, presidential executive order.
“It’s a mismanaged process,” said Shang-Jin Wei, a professor of Chinese business and finance at Columbia Business School. “The intent was to penalize these companies and penalize the Chinese government,” he said. “The problem is it ends up penalizing U.S.-based investors.”