China Ignores Corporate Reporting Agreement Made During Obama Era – IOTW Report

China Ignores Corporate Reporting Agreement Made During Obama Era

John Solomon at Just the News

The recent spectacular collapse of a Chinese coffee company and a stark warning by federal regulators are focusing an uncomfortable light on an Obama-Biden era stock market concession to Beijing, one that could become President Trumpโ€™s next target.

Since 2013, Chinese companies have been allowed to participate in U.S. stock and bond exchanges without having to fully comply with the same Sarbanes-Oxley Act accounting practices and risk disclosure required of American companies. More

5 Comments on China Ignores Corporate Reporting Agreement Made During Obama Era

  1. Lemme get this straight… The ChiCom chink motherfuckers actually get to participate in US markets with significantly less regulation than US companies because hopie changie? JFC.

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