U.S. Eyes Audits in Hard Line on China Delistings

The video discusses the issue of audit access for Chinese companies listed in the US, highlighting the PCAOB's requirement for audit inspections. It covers the historical context of the legislation, the stance of Washington, and the response from the Chinese government. The PCAOB insists on equal rules for all companies, while Chinese companies cite security concerns. The situation escalated in 2020 with a law mandating delisting for non-compliance, and recent statements indicate ongoing negotiations.

What recent actions have been taken by the PCAOB regarding Chinese companies?

What is the significance of the PCAOB's requirement for access to audits?

What reasons have Chinese companies given for resisting audits?

What law was passed by Congress in 2020 concerning the delisting of companies?

How did the Chinese Government respond to the PCAOB's statements?