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U.S. regulators have began inspecting China-primarily based audits, kicking off a monthslong process that will identify whether or not corporations from Alibaba Team Holding Ltd. to Yum China Holdings Inc. can remain listed on American inventory exchanges.
The inspection, which is set to past 8 to 10 weeks in Hong Kong, would allow for the U.S. audit watchdog to make your mind up by the end of this yr irrespective of whether China is honoring a landmark agreement to give U.S. accounting inspectors complete accessibility to audit doing the job papers of New York-detailed Chinese businesses.
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