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Don’t expect greater use of IFRS in China, expert warns

It might be too early for MNCs in China to assume more IFRS will be adopted.
Don’t expect greater use of IFRS in China, expert warns

On November 18, China’s Ministry of Finance (MoF) and the International Financial Reporting Standards (IFRS) Foundation jointly announced the establishment of a working group to further the use of IFRS in China, especially for internationally orientated Chinese companies.

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