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China In-Focus — Three-tier data strategy to avoid US delistings; China Evergrande CEO, CFO step down

RIYADH: China plans to sort US-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop US regulators from delisting hundreds of firms, the Financial Times said on Saturday. The three-tier system aims to bring Chinese companies into compliance with US rules that would require public companies to let regulators inspect their audit files, the
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