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China's beefed up statistics and accounting laws under review, robust fines to increase cost of fraud - Vimarsana News

China's beefed up statistics and accounting laws under review, robust fines to increase cost of fraud

China is reviewing amendments to laws governing statistics and accounting, with Beijing eager to clamp down on inflated or manipulated economic statistics and uphold rules in the world’s second-largest financial market.

Source: scmp.com
CNN The Lead With Jake Tapper September 2, 2021 20:50:00 - Vimarsana News

CNN The Lead With Jake Tapper September 2, 2021 20:50:00

Reporting, sanjay, on why it's taking so much longer for children than it is adults? >> yeah. one big thing and maybe this is an obvious thing is that the fda cannot really act on this until all the data is submitted, so what we're learning it's a bit of a circular thing. the companies, they say here's the data that we have and the fda says we need more data. not surprising that it's kids because kids are less likely to get sick and the bar has to be higher. they want six months of safety data, john, as opposed to two months as it was more adults at the end of last year so it's just going to t...