‘I Quit. No, You’re Fired.’

‘I Quit. No, You’re Fired.’

"You're fired." "No, I quit." That, in a nutshell, describes the state of play for US-listed Chinese shares. US regulators and China hawks on Capitol Hill want them deported, so to speak. At the same time, Xi wants some of them, particularly Didi, to come home. On this issue, at least, Washington and Beijing see eye to eye. The fraught Didi saga is rapidly approaching its denouement. The ride-hailing giant's star-crossed US listing will be reversed, imminently, although details were initially
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