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Outcome of China-U.S. audit disputes depends on wisdom of both parties

by Mike Robinson

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© Reuters. FILE PHOTO – The Bund is where the U.S. and Chinese flags fly before U.S. Trade delegations meet with their Chinese counterparts in Shanghai on July 30, 2019. REUTERS/Aly Song

SHANGHAI (Reuters – China’s securities regulator stated that on Thursday, both China and America were willing to settle their audit disputes. However, the outcome will be determined by the wisdom of each party.

China Securities Regulatory Commission stated that whether Chinese companies are listed in the United States in the future will depend on how the bilateral audits and regulation cooperation progresses.

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