China’s Financial-Fraud Problem

Foreign investors bear risk as China increases participation in global markets

The New York Stock Exchange, with a Chinese national flag hanging in front, on the day of a Chinese company's U.S. IPO, on March 23, 2018. Spencer Platt/Getty Images

News Analysis

The stock of TAL Education Group, a New York-listed company that provides after-school tutoring for Chinese students, dropped more than 40 percent from June 12 to Sept. 7.