China frauds, auditors and regulators' obligation to protect investors

Is there a solution to the SEC's and PCAOB's current impotence to regulate our capital markets?

I had a nice conversation with a former Big 4 partner who spent a considerable amount of time China and is now safely home.

I learned a few new things I will share in future posts but it made me think that it’s important to remind new readers and those new to the potential for fraud in companies operating in China, whether local Chinese companies or sign…