Foreign Policy  

CSRC chairman urges cross-border regulatory cooperation

Yi’s claim that the Chinese side has never stood in the way of US regulators’ attempts to check the audits of Chinese companies has raised eyebrows as it differs substantially from US regulators’ claims that they have not been allowed to review necessary documents or question auditors about their internal practices. These discrepancies aside, it is clear from Yi’s comments that he is trying to offer some kind of…

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