U.S. Puts Chinese Firms on Blacklist

The video discusses the complexities of Chinese auditing practices and the regulatory environment, highlighting the Equitable Act aimed at ensuring transparency and compliance with US audit standards. It also covers the trade dispute between the US and China, focusing on the blacklisting of Chinese tech firms and the implications for business operations. Human rights concerns, particularly in the Uighur region, add another layer of complexity to the trade discussions. Despite these challenges, many companies have adapted their supply chains to minimize disruption.

Discuss the human rights concerns associated with the blacklisting of Chinese tech firms.

What challenges do financial institutions face when dealing with companies on the Commerce entity list?