Alibaba, other Chinese stocks drop on report White House considering China investment limits

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Alibaba, other Chinese stocks drop on report White House considering China investment limits
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A near record number of consumers in September cited trade policies as a negative factor weighing on the economy.

in Washington after both countries slapped billions of dollars of tariffs on each other's goods.

Delisting Chinese companies would affect billions of dollars in investment pegged to major indexes, just as the Chinese government is taking steps to increase foreign access to its markets.The exact detail has not been worked out yet and the plan is subject to President Donald Trump's approval, Bloomberg News reported, citing people familiar with the matter. Trump had greenlit the discussion, the report said.

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