An entry in The 10B-5 Daily points out that the recent SEC investigation and securities class action suit brought against the China Life Insurance Company over accounting irregularities was mentioned in China Daily.

China Daily reported that the “vast difference in corporate governance, accounting.standards and business practices between the US and the mainland are exposing the latter’s corporate executives to what has become widely regarded as unacceptable risks.

More »


copyright | privacy | home

Powered by WordPress | Entries (RSS) | Comments (RSS)