Wall Street Wants More Frauds from China?

  • Why do Chinese companies pillage American investors? Because American rules — more precisely, exceptions to them — essentially invite them to do so.
  • Unfortunately, China is rapidly moving in the wrong direction. In March, it took a big step backward by amending its securities law to further impede the sharing of audit information with overseas regulators.

Full story: https://www.gatestoneinstitute.org/16352/wall-street-china-fraud