In 2006, China revised its law and moved towardsChinese accounting standards which are more in line with IASB.

Name: In 2006, China revised its law and moved towardsChinese accounting standards which are more in line with IASB.
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In 2006, China indeed revised its accounting standards, moving towards Chinese accounting standards that are more closely aligned with those of the International Accounting Standards Board (IASB), aiming to improve transparency and comparability with international practices.

In 2006, China Revised Its Law and Moved TowardsChinese Accounting