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Is it true that auditors in China are pointless when it comes to stock plays?
There is a Chinese company that looks very attractive fundamentally, but I don't know how trustworthy the numbers are. Can Chinese companies lie about their fundamentals in their financial statement and go unharmed because of it? I heard that Chinese auditors who try to protect investors interests in the USA get executed.
1 Answer
- RickLv 76 months ago
the king of China tells the auditors WHAT they will 'find' ................
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