US Renews Audits of China Firms

The PCAOB officials are visiting Hong Kong for the second consecutive year to inspect high-profile Chinese companies listed in the US. This visit is part of a deal between China and the US to ensure routine inspections, which could ease fears of Chinese stocks being delisted from the New York market. However, the success of these inspections depends on the access granted to audit officials. The visit coincides with Jenny Yellen's trip to Beijing, highlighting China's sensitivity to information and its impact on foreign consultancies.

In what way does Jenny Yellen's visit to Beijing relate to the PCAOB inspections?

What broader issues does the text suggest regarding China's sensitivity to information during the PCAOB inspections?