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China’s audit concession to US a well-timed market move

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 […]