Business
US Audit Agreement or No Deal, Dozens of Chinese Firms Believe They Won’t Have to Cancel
As the fate of many Chinese companies affected by China’s New York listing is affected by the results of this month’s US audit inspection, dozens of lesser-known companies argue that they found a way to avoid being fired.
More than 100 Chinese companies listed in the US can avoid the threat of delisting thanks to a solution that US accounting firms use to audit companies in China, according to The Wall. Street Journal about their records with the US accounting watchdog.