The Wall Street Journal reported that arrangements are being made that would allow U.S. regulators to inspect audit records for companies listed in New York.
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US and China close to deal resolving impasse over audit inspections
The US and China are close to an agreement to allow US regulators access to audits of Chinese companies that are listed on US exchanges, a potential breakthrough in talks that have languished for more…
Alibaba, JD.com and Other China Stocks Rising on Report of Resolution to SEC Delisting Issue
The Wall Street Journal reported that arrangements are being made that would allow U.S. regulators to inspect audit records for companies listed in New York.
U.S., Beijing near deal to let U.S. inspect Chinese company records in Hong Kong – WSJ
Securities regulators in Beijing are making arrangements for Chinese companies listed in New York and their accounting firms to transfer audit working papers and other data from China to Hong Kong, …
China Cancels 23 Loans to Africa Amid ‘Debt Trap’ Debate
Some Western governments say Chinese lending is intended to ensnare African countries, but the growing consensus among some scholars is that the ‘debt-trap narrative’ doesn’t hold up …
China drought, power shortages worsen supply chain snags
China’s power crunch threatens supplies of everything from metals like aluminum to automotive parts, as well as food commodities.
China faces ‘dire’ economic crisis for MONTHS as heatwave dries up supply chains
China has endured a record-breaking heatwave this week – the most severe ever recorded. This has also led to a drought which will seriously impact food production. Images have also shown parts of the …
UPDATE 1-More U.S. lawmakers set to visit Taiwan, defying Beijing’s anger
Another group of U.S. lawmakers will arrive in Taiwan on Thursday evening, Taiwan’s official Central News Agency reported, the third such visit this month and defying pressure from Beijing for these …
From energy to drinking water, China has lots to fix in its economy
China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the country continues to struggle with its worst heatwave in 60 years and rigid Covld lockdowns.
From energy to drinking water, China has lots to fix in its economy
China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the country continues to struggle with its worst heatwave in 60 years and rigid Covld lockdowns.
Exclusive: Some Chinese financiers cold shoulder Beijing’s property rescue call
Some of China’s state-backed financial institutions are pushing back on Beijing’s calls to support the embattled property sector due to concerns about the impact of such exposure on their balance …
China battles to prop up the faltering yuan after it falls to a 2-year low against the dollar
In a surprise move, China fixed its currency at a stronger-than-expected level Thursday after the yuan slipped to a two-year low against the dollar.
China Starts Stealth Fightback Against Powell’s Strong Dollar
China took steps to support the weakening yuan Thursday, after a resurgent dollar pushed the currency to a fresh two-year low.The People’s Bank of China set its yuan reference rate at a …
