China Eastern and China Southern Airlines are likely to exit US market

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The decision by five Chinese state-owned companies to leave the US market adds to skepticism that authorities in both countries can agree on disclosure rules, with analysts seeing state-controlled airlines as the next potential group to depart, potentially followed by internet giants. China Eastern Airlines and China Southern Airlines could “soon” announce similar intentions, said Redmond Wong, a Greater China market strategist at Saxo Bank.

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