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Trump Is Still Studying Ways to Crack Down on Chinese Stocks

An investor stands at a trading terminal at a securities brokerage in Shanghai.

An investor stands at a trading terminal at a securities brokerage in Shanghai.

Photographer: Qilai Shen/Bloomberg

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Last fall, the trade war between the world’s two largest economies finally reached a point that sent senior U.S. bank executives into a lobbying frenzy. When Bloomberg first reported in September that the White House was weighing limits on U.S. portfolio flows into China, banks gamed out worst-case scenarios and executives made their displeasure known to senior Trump administration officials.