China has expanded its investigation into China's finance industry to include form Bank of China chairman Liu Liange, with Chinese authorities cautioning leading bankers to learn lessons from the corruption investigation into Liu, writes Alex Frew McMillan..BACHY
China is improving and strengthening regulations on accounting firms, and it supports international accounting firms, including Deloitte, operating in China in pursuant to law, a vice-finance minister said.
The Chinese government says the Beijing office of Deloitte Touche Tohmatsu was fined $30.8 million for failing to adequately audit a state-owned asset management company