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Chinese financial regulators never stopped clamping down on token-backed capital raising activities, such as ICOs, and security token offerings or STOs. This has been the case from the very beginning of cryptocurrencies' emergence in the country.
Chinese investors have proved to be no exception and the benchmark Shanghai Composite Index was down 0.93 percent and the Shenzhen Component Index down 1.06 percent at close of business on Thursday. And Chinese equities are now down 20 percent on the year's high in January.
Chinese investment in the US has already created nearly 140,000 direct jobs. That is why US local leaders — governors and mayors — have shown huge enthusiasm for attracting Chinese FDI, for instance, by leading trade and investment missions to China.
Chinese artists dance during a cultural exchange event on Friday in Rome, Italy. [CHENG TINGTING/XINHUA]
Chinese company executives predict an improving environment for merger and acquisition in the next 12 months, according to the 19th Global Capital Confidence Barometer released by the professional services provider EY on Monday.
来源：资阳报