This article only represents the author's own views.
One step back, after two steps forward.
That’s the bottom line in a new update from the U.S. regarding a landmark information-sharing agreement signed last August between the U.S. Securities and Exchange Commission (SEC) and the China Securities Regulatory Commission (CSRC). That agreement marked a major step forward in cooperation between the two sides to better police U.S.-listed Chinese companies. The pair made another major step forward when they worked together to conduct their first audits under the new agreement last September.
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