Reuters reports that China said on Monday it firmly opposed U.S. President Trump signing a bill that would kick Chinese companies off U.S. stock exchanges unless they adhere to U.S. auditing standards.

“This is nothing but an unjustified political crackdown on Chinese enterprises listed in the United States,” foreign ministry spokesman Wang Wenbin told a daily new briefing in Beijing.

“It will seriously hinder the normal listing of Chinese companies and distort the basic market economy rules that the U.S. has always touted,” Wang said.