The Senate passed legislation today to reign in Chinese companies. It would require those listed on American exchanges to comply with US auditing and reporting standards. It's that, or they face exclusion.
Chinese companies listed in the US aren't held to the same accounting standards as US companies. US regulators can't examine their audit papers because the Chinese communist party considers them state secrets.
But the new act would boot them off America exchanges if authorities are unable to inspect their audit books for three years in a row.
Fraud and accounting malpractice by Chinese companies listed in the US has cost investors billions of dollars.
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NTD Evening News—04/19/2022
1. FL Colleges Can Now Fire Tenured Professors
2. Elementary School Sued for Racial Hostility
3. Professor Calls on Educators To Defend Rights
4. Johnny Depp Takes the Stand for First Time
5. WH Restores Federal Environmental Regulations
6. Dems Push Biden To Delay Ending Title 42
7. Ukraine Defends Against Russia's Offensive
8. Uber and Lyft Latest To Drop Mask Mandate
9. Biden Yet To Talk to CDC About Mask Mandate
10. Philly Sued Over Reinstated Mask Mandate
11. Ride Operator Adjusted Seat Teen Fell From
12. Wapo Doxes Conservative Twitter Influencer
13. Apollo Global Weighing Twitter Deal: Reports
14. Taxes, Economic Outlook Low Confidence: Poll
15. NFL Investigating Browns for Tanking
16. NBA Playoff Triple-Header Preview
17. Why Brady Returned After Short Retirement
18. San Jose Home Depot Fire Suspect Arrested
19. Teachers, Parents Want Unvaxxed Teachers Back
20. LA Tourism Brings Increase Police Presence
21. Why China's Sticking With 'Zero COVID'
22. Policy Differences Between Macron and Le Pen
23. UK PM To Face Lawmakers' Vote on Partygate
24. Rio Seahorse Population on the Rise
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NTD News Today—5/11/2021
1. Oil Industry Focusing on Security: Expert
2. GOP to Vote on Removing Rep. Cheney From Role
3. Ariz. Lawsuit Seeks to Remove State Officials
4. New Arizona Law Protects Gun Sellers
5. Warren Criticizes Facebook's Trump Ban
6. 44 Bipartisan AGs Oppose Instagram for Kids
7. Americans Begin to Remove Their Masks
8. Outsider Wins GOP Nomination for Va. Governor
9. Veteran Attacked in Portland, Hospitalized
10. Tense Encounter Between U.S., Iranian Ships
11. NBC Will Not Air 2022 Golden Globes
12. Modified Mosquitoes Take Flight in Fla. Keys
13. Mandatory Vaccines for NY Public Colleges
14. NASA Spacecraft Heads Home W/ Asteroid Sample
15. Texas Police Identify, Charge Tiger Owner
16. Researchers Plant Mushroom to Reduce Wildfire
17. California Expands Drought Declaration
18. Epoch Times Reporter Attacked in Hong Kong
19. Christian Preachers Detained in China
20. Chinese Clergymen Must Embrace Ccp Leadership
21. French Court Rejects ‘Agent Orange' Damage Claim
22. Farmer Mistakenly Moves Belgium-france Border
23. Stranded Whale in London's River Thames Put Down
24. Russian’s Largest Cut Diamond to Be Auctioned
25. Baby Miraculously Recovers From Illness
26. What’s Really Causing Your Fatigue?
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With major protests taking place in Hong Kong related to fears of Beijing over-reach, American lawmakers are re-examining the U.S. relationship with Hong Kong—specifically, if Hong Kong should still be considered as autonomous from China.
U.S. Senator Cory Gardner on June 18 praised the Hong Kong people for their courage to fight against the extradition bill, and said he was impressed by the large number of people who came out to protest.
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00:00 NTD Business News- 8/10/2021
00:44 U.S. Productivity Growth Slows in 2nd Quarter
01:40 U.S. Small Business Optimism Drops
02:31 Senate Passes $1.2T Infrastructure Bill
05:00 How Do Govt. Deficits Affect Pensions?
10:06 Stock Market Update
10:23 AMC To Allow Bitcoin As Form of Payment
11:05 Amazon To Pay for 3rd-Party Faulty Products
12:32 Google Pay Cut: Remote Workers Could Lose Out
13:23 Domino’s Battles Delivery Apps With Free Food
15:15 Bayer Loses Appeal of Roundup Cancer Verdict
15:56 Tesla’s Cybertruck Is Delayed Until 2022
16:31 Tesla To Cover Gigafactory With Solar Panels
18:31 SoftBank Pauses China Investing
19:32 Canadian Man’s Death Sentence Upheld in China
21:25 Panera Issues Recall for Some Ready-Made Soup
22:02 Outdoor Dining Space for Upstairs Restaurants
24:10 Scientists Develop New Materials for Space
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#Amazon #Google #Infrastructure
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