U.S.-China accounting deal will merely mark a short truce

Neither side has much incentive to make a real effort at compromise

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20220915 Chinese flag NYSE.JPG

A Chinese flag flies outside the New York Stock Exchange: Beijing is desperate to make sure that its companies can access American markets through initial public offerings. © Reuters

Andrew Collier is China country analyst for emerging markets research provider GlobalSource Partners. He was previously president of Bank of China International USA.

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