Back in business: Why China is willing to cooperate on US stock audits
by Ann Scott Tyson
Sep 13, 2022
3 minutes
Authorities in the United States and China hit pause on their countries’ financial decoupling last month when they reached a deal that could save many Chinese companies from being booted off the U.S. stock exchange.
By allowing U.S. regulators to inspect the Chinese companies’ audit data, Beijing not only helped its struggling private sector dodge disaster, but also delivered a tentative victory for international cooperation. Yet long-term forces driving the two economies apart remain powerful, experts say.
Since the Trump administration, both Washington and Beijing have cited security concerns
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