Jay Ritter
Cordell Eminent Scholar Jay Ritter

Beijing is scrambling to keep the U.S. from kicking Chinese firms worth $1.4 trillion off Wall Street. But Congress is in no mood for compromise

While Beijing suggests a deal is imminent, there is “still quite a distance” between the two governments’ positions, says Cordell Eminent Scholar Jay Ritter, who focuses on initial public offerings (IPOs).

Read more of Ritter’s insights in this story from Fortune