A quick recommendation here for a William Pesek column in Bloomberg about China short sellers, specifically Carson Block's Muddy Waters. Pesek argues that instead of demonizing short sellers and throwing up road blocks to thwart their research capabilities, China should embrace these folks since they operate to uncover corruption, fraud and other irregularities that will […]

This regulatory struggle between the U.S. and China is one of the few accounting stories that is actually exciting. Well, comparatively exciting. You know what I mean. This is a strange U.S.-China bilateral dispute that most of us (I think) figured would be fixed long ago. I thought so because there is a lot of […]

Twelve illegal workers and five suspected employers were arrested in a city-wide crackdown yesterday.  Immigration officers raided 25 locations including restaurants, premises under renovation, refuse collection points and tailor's shops. They arrest…