The Financial Times quoted Drew Bernstein, Co-Managing Partner, Marcum Bernstein & Pinchuk regarding the importance of corporate governance for Chinese companies.

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“China very much wants to attract foreign capital, both in debt and equity markets, and Chinese companies are starved for capital,” said Drew Bernstein, co-regional managing partner at New York-based accounting firm Marcum Bernstein & Pinchuk. “I think there’s a realisation on [the regulator’s] part that reliable auditing is necessary to attract this capital.”

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