China’s audit concession to US a well-timed market move

President Xi Jinping’s authorities not often concedes something to regulators in Washington. But a proposed concession by the China Securities Regulatory Commission on US audits is a game-changer for Asia’s largest financial system. On Saturday, Xi’s CSRC modified confidentiality guidelines involving offshore listings, probably eradicating a significant hurdle to US regulators gaining full entry to the auditing stories of […]

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