US Launches Soft Capital Control Attack On Beijing, "Urges" Colleges To Sell Chinese Stocks | WHAT REALLY HAPPENED

US Launches Soft Capital Control Attack On Beijing, "Urges" Colleges To Sell Chinese Stocks

One day after Trump activated what Bloomberg described as the "nuclear option" when the US announced that Huawei can’t access US technology directly or indirectly, an action which leaves it in extremely difficult circumstances, the U.S. State Department has escalated the Cold War with China yet again, with Bloomberg reporting that the US is now asking colleges and universities to divest from Chinese holdings in their endowments, "warning schools in a letter Tuesday to get ahead of potentially more onerous measures on holding the shares."

The iShares MSCI China ETF, the MSCI sold off on the news.

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