China’s financial regulator plans new approach to break deadlock with the US over auditing work

Source: Tech – South China Morning PostChina’s financial regulator has taken a step towards ending the long-standing stalemate with the United States over corporate audits, making an overture to relieve some of the tensions that have routed New York-listed Chinese stocks in the past year.The China Securities Regulatory Commission (CSRC) is considering a new approach that grants the US Public Company Accounting Oversight Board (PCAOB) access to the audit papers of China-based companies after they are cleared by the Chinese finance…Read More

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