China Calls for Talks With U.S. on Spat Over Stock Listings
- Regulator seeks to address audit issue to avoid delistings
- China sees financial opening accelerating amid U.S.-China row
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China says it has made concessions in proposing to let U.S. regulators to audit some of its most sensitive companies and is calling for direct talks to solve a years-long dispute that threatens global markets.
In an interview in Beijing on Wednesday, Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said China is “sincere” in wanting to solve the standoff over the accounting issues.