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International Law

: China Briefing Blog

Are Privileged GAAP Treatments Keeping China?s SOEs Profitable?

By China Briefing

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May 5 - Findings by the research team at the Spanish bank BBVA uncovered specific treatments by the Chinese government used solely for the benefit of its own state-owned enterprises that appear to show a disregard for China?s own generally accepted accounting principles in terms of transparency and fair competition. The bank’s Hong Kong unit analyzed [...]

Full post as published by China Briefing Blog on May 05, 2009 (boomark / email).

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