News Analysis
One of China’s biggest drugmakers recently said that it overstated its assets by $4.4 billion, calling into question the quality and standard of accounting at Chinese listed companies.
A $4 Billion Error, and Cold Facts About Investing in China
One of China’s biggest drugmakers said it overstated its assets by $4.4 billion, calling into question the quality and standard of accounting at Chinese listed companies.
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An investor monitors stock prices at a securities company in Hangzhou, Zhejiang Province on Dec. 3, 2018. STR/AFP/Getty Images
By Fan Yu
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