A recent agreement has been made between China and the United States concerning auditing United States-listed Chinese companies. The Global Times, a Chinese state media outlet, has since praised the agreement as they’ve deemed it “a useful lesson for both nations” and a “symbolic case.” The article came just 24 hours after the agreement was finalized.

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The agreement looked to settle a dispute that saw the rising possibility of the United States banning companies such as Alibaba from United States stock exchanges. Now, since there is an agreement in place, American regulators can do more digging and research into firms in China and Hong Kong, giving them more vetting possibilities.

“While it is normal for the two countries to have disagreements, they should not be an excuse for the two countries to move toward full-scale confrontation.”
The article read.

This could possibly be a hint as to how the two countries should also handle the rising tensions concerning the Taiwan Strait. The article continued, saying that both sides were able to create adjustments during consultations. Both sides reportedly respected each other with the Chinese official’s respect for regulators in the United States being highlighted.

"It is commendable that the concerns of both sides have been understood and respected by each other, and their needs have been met through wise arrangements."
The article added.

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After Settling an Agreement to Allow United…