AP Top Business News at 7:24 p.m. EST – WAVY.com

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BEIJING (AP) — China’s government on Monday called on Washington not to enforce a measure that might expel Chinese companies from U.S. stock exchanges if they fail American government audits.

The law, signed Friday by President Donald Trump, is a response to complaints Chinese companies were failing to comply with stricter U.S. government oversight imposed following the 2008 global financial crisis. It applies to companies from any country but sponsors cited complaints Beijing was blocking American regulators from reviewing the work of auditors for U.S.-traded Chinese companies.

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