Different interpretations of the agreement between the two parties may prevent Chinese companies from being delisted in the US.
After years of discussions, Beijing finally gave in to pressure in 2013 and permitted US regulators to review
the auditing procedures of Chinese companies whose securities were traded in New York.
The unprecedented achievement, however, was undone when Chinese regulators refused to cooperate with US inspectors who had been there to examine the audits of a big tech company.
Nearly ten years later, US officials are hoping that a new agreement would result in a radically different outcome,
as are hundreds of Chinese companies and international investors who own approximately $1.4 trillion of their shares.
Beijing and Washington said last week that they had secured an agreement for US accounting officials to review audits conducted in China,
potentially saving 200 Chinese businesses from being delisted from American exchanges.