This is all a waiting game.

Waiting until January 20.

The New York Stock Exchange (NYSE) had announced on New Year's Eve plans to delist Chinese Telecom giants, China Telecom, China Mobile and China Unicom.

The delisting had been anticipated to comply with an executive order from President Trump seeking to take action against companies the administration believed were aiding the Chinese military.

(As an aside, if you are a Chinese company, you are aiding the Chinese military.)

Days later, the NYSE reversed course after

"further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control [OFAC]."

OFAC is under the Treasury department

The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United​ States

It has long been suspected that officials in the bureaucracy have been slow-rolling sanctions against China as best they can.

"For years, Treasury has led a rear-guard action to soften some of the harsher policies related to Chinese companies," said Leland Miller, the CEO of the U.S.-based consultancy China Beige Book. "It is apparent this is continuing to happen."

Florida Senator Marco Rubio was having none of it.

The days of Wall Street & #China benefitting at the expense of American workers & industry has to end.

Yes, it does.

But, it won't. Instead, we're going to "restore normalcy."

That's not a suggestion.

However, there are still a couple of weeks to go, so don't be surprised if the NYSE changes its mind again, or at least pretends to for appearance's sake.

Just don't get used to it.