China is looking to shift towards more domestic demand-driven growth. Image: Twitter
President Xi Jinping’s government rarely concedes anything to regulators in Washington. But a proposed concession by the China Securities Regulatory Commission on US audits is a game-changer for Asia’s biggest economy. On Saturday, Xi’s CSRC modified confidentiality rules involving offshore listings, likely removing a major hurdle to US regulators gaining full access to the auditing reports of […]