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But the one highlighting those problems were also Chinese government officials? You cannot deny falsification happens and its the job of auditing officials and firms to check it. So just generalizing and saying Chinese government falsifies all companies is just plain stupid, they are companies listed in exchanges and run like public listed entities. The Chinese government don't control them per se, they own shares inside them. Ultimately the CEO of that company is liable, the board. Is liable not the whole friggin Peoples Republic of China mate.Only a Chinese will fall that ridiculous excuse you've made...China is known the world over for fudging numbers approved by the CCP; hence your local audits are fraudulent and unreliable. Our country our rules, go sell your stocks at the Shanghai exchange.
Chinese Companies Forced to Falsify Data, Government Says
China’s statistics bureau said local officials forced some hotels, coal miners and aluminum makers to report false numbers, highlighting flaws in data tracking the world’s second-largest economy.www.bloomberg.com
As if AIA is allowed to burst. Stop kidding yourself. It was bailed out by US taxpayer money.Nice try. There is a difference between companies behaving badly and the state fudging numbers, asking companies to fudge them, and acting as a collective.
All those American companies failed; they were busted, our Free Press perhaps late in some stages, still caught up. Our laws, rules, regulations changed and became stricter. BUT China fudges, fakes, cheats, and promotes industrial espionage and stealing as a ' STATE controlled function.' That means a STATE/Government is involved in the fraud: a sanctioned and commanded function.
I get it; you, being born into servitude to the CPP, told what to say/behave/read/watch/believe from your cradle to the grave, will find it astonishing that the free world has checks and balances and rights.
A stock exchange audit in the US is about seeing numbers and books, not technology or IP. There is no attack on anyone's sovereignty in an accounting audit. Why on earth would we want those from you? We already have it; it was ours that you stole. It is necessary to make sure people buying stocks don't get cheated by companies that are padding the books. Other foreign companies are subject to audit, china refuses.
It's our exchanges, our rules, and you can try and hustle your stocks at the Shanghai exchange.
www.bloomberg.com
www.wsj.com
I said busted - not burst. use your google translator in better ways
I told You 10x,we were invited to list there, they get commissions mate. Next time if you don't like our companies, just say it out earlier. We can list in HK and ShanghaiYour reputation precedes you and if you don't like it, go sell your stocks on the Shanghai exchange. Our country, our rules, other countries allow auditing on our exchange.
China Is a Black Box of Misinformation
May 24 (Bloomberg) -- To this day, many Chinese peopleChinese Data Mask Depth of Slowdown, Executives Say (Published 2012)
Corporate executives and economists say officials in some Chinese cities and provinces are falsifying statistics to mask the extent of the downturn in the nation’s economy.www.nytimes.com
China Absent From Transparency International's Global Corruption Report
Transparency International published a report it had been touting in recent weeks as the "biggest-ever public opinion survey on corruption." China wasn't mentioned anywhere in the organization's report.
I said busted - not burst. use your google translator in better ways
So now imf peddles fake Chinese numbers. Is he trying to say this?
He's really brainwashed or he's pretending to be brainwashed. He believes anything the media throws at him.
www.news.com.au
I should agree you're the most brainwashed member in this forum. Do you know how stupid you sound in my eyes? Cradle to Grave.That makes no sense. It's you guys that are born into servitude, told what to believe/say/read/watch/act from the cradle to the grave by the CCP. How would you know about any of this stuff happening in your country or its reputation outside of the wall?
Your counter-argument to us is what? The CCP and a state-run tabloid- global times tell us the truth?
The brainwashing facilities so secret they don’t officially exist
FROM the outside it looks like any other holiday village in China.
I should agree you're the most brainwashed member in this forum. Do you know how stupid you sound in my eyes? Cradle to Grave.
So I ask again. Do you want me to dig up about india? You still are yet to respond on that.
Have at it
