Feature
IPOs in the United States: globalists back on the high ground
The advocates of decoupling from global events have suffered a setback. The faction that advocates greater internationalization is suddenly calling the shots in the party again. The clearest sign of the trend is the green light given by Vice Premier Liu He to foreign IPOs. These had previously faced opposition from the faction of autarky-minded nationalists last year. Now, first companies are daring to return to the international trading floor.
Von Frank Sieren
