The Real Expert

China Precision Steel: This Rollercoaster Will Climb Big Hills

thedivot, do you really think that CPSL is the only Chinese company with auditing issues?? The entire Chinese securities market is highly corrupt, much more so than the US markets. Auditing in China effectively is near non-existent. I know a gentleman who spent over 15 years in China working for a major US multinational company and he refuses to invest in China after seeing how much corruption exists with corporate accounting and investments.