Countdown Starts on Chinese Company Delistings After Long U.S.-China Audit Fight

3 years ago 350

U.S. securities regulators person started a countdown that volition unit galore Chinese companies to permission American banal exchanges, aft a agelong impasse betwixt Washington and Beijing implicit entree to the companies’ audit records.

The enactment volition accelerate the decoupling of the world’s 2 largest economies and impact investors that ain securities successful much than 200 U.S.-listed Chinese companies with a combined marketplace worth of astir $2 trillion.

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Countdown Starts on Chinese Company Delistings After Long U.S.-China Audit Fight

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