facing has repeatedly cited security concerns, especially for the companies like the ride share app dbi which hold the data of hundreds of millions of users, reports are now saying that it's early as next month. the chinese government will propose new rules that would ban companies with large amounts of sensitive consumer data from going public in the us. however, companies with less sensitive data such as those in the pharmaceutical industry, are still likely to receive chinese regulatory approval for foreign listings. so how is this likely to impact market worldwide? and what will it mean for tensions between china and the us? joining us now to discuss the latest last co host, christy i. now christy, the latest report stay that they seeing is targeting those with a certain level of sensitive data. why is this the focus right now? while it's actually been the focus for many years now, the plan has been firm hunting for years, but now it's rapidly gaining momentum. giving the growing schism between the u. s. and china and accusations from both sides of security breaches. so the plan is