China halts a tie-up between Shanghai and London stock exchanges

The suspension signals deteriorating relations between the UK and China, at a time when British PM Boris Johnson's government aims to strengthen trading ties with the world's second-largest economy

China has temporarily halted a tie-up between the Shanghai and London stock exchanges, according to people familiar with the decision.
 
The move to suspend the Shanghai-London Stock Connect program was prompted by political considerations, and no timeline has been given for resumption of the scheme, the people said, asking not to be identified as the discussions were private.
 
The China Securities Regulatory Commission and the Shanghai Stock Exchange did not immediately respond to requests for comment, while representatives for the London Stock Exchange and UK treasury declined to comment.

The link between the two exchanges, designed to