Comments on: Is China Inc still credible? Next stop? China Fri, 06 Jul 2012 10:45:14 +0000 hourly 1 By: petejd12 Fri, 17 Jun 2011 07:51:47 +0000 Of course China is still credible just like the US, UK (Entire Europe), Africa, the rest of Asia and Africa. India is given credit and so Brazil and South Africa. China in fact helped the world in and during the recession. If we go into details then the other countries come under suspicion, which we don’t want to discuss. So on the face of it and recent revelations of cooperation, China is still credible.

By: threeRivers Sun, 12 Jun 2011 00:42:31 +0000 Someone needs to review the Big Four. Reviewing their own audits is not even supposed to come close to ever being something that they are not doing 24 hours a day. And it’s so well known that you can actually print in a Reuters news story that 3 of the Big 4 are merely fee collectors placing auditors with their clients, but don’t even review their audits? How did it get this far?

By: NewGlobes Sat, 11 Jun 2011 08:50:38 +0000 Every one in China business world that related to overseas IPO activities are nervous about all these things.

Although they also knows that there may be quite a few financial tricks hide in somes companies that go IPO overseas.

Moreover, I don’t know if other people really respect the annual reports of many China listed companies. I am not saying those leading ones, but means many other candidates.

It’s really something I feel painful when watching.

And I would also remind people that there are companies that are honest with their financial reports in China, as far as I know. To name a few, Wanke and SOHO, the leading private real estate companies.

A nowadays problem might be two side, the captitals in West are eager for China assets,

while some China executives are too eager for these capitals or personal benefits they can finally get.

I feel China goverment need to do something to make people feel they really need to respect the nature of the trust between people and people.

Hope the world be a better place next season.