The move signals continued concerns about data security even after Beijing reached a landmark deal to allow U.S. audit inspections on hundreds of Chinese firms listed in New York.
Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about
Getting shut out of Chinese state-owned business would be a blow to the accounting firms, as the frosty relationship between Beijing and the US shows no signs of abating.
Graft-Busters Ensnare Another Former Securities Regulator - Currently Guotai Junan Securities’ investment banking chief, Zhu Yi is being investigated for misconduct in his previous role at China’s securities watchdog