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China, US regulators start talks on audit inspection of Chinese companies on American exchanges amid moves to delist these firms

China’s securities regulator and American authorities have initiated talks on the audit inspection of US-listed Chinese companies, which could stave off the potential delisting of these firms after years of non-compliance.

“The relevant regulators of China and the US have started the negotiations over the regulatory cooperation issues [and] have made some progress,” according to a statement from the China Securities Regulatory Commission (CSRC) on Friday.…

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