Taiwan
August 30, 2022
Trade relations between the United States and China have just been given a considerable boost following last week’s agreement between the two nations which allows U.S. regulators to inspect the audits of Chinese firms whose stocks are traded on U.S. exchanges.
In a lengthy dispute, U.S. regulators had pledged to eliminate Chinese companies from U.S.-based stock exchanges if China doesn’t permit inspections.
To my mind, this tentative agreement is certainly positive news.
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