In 2013, after years of negotiations, Beijing yielded to pressure and agreed to let US regulators inspect the audit work of Chinese companies whose securities traded in New York.
But the historic breakthrough was shattered when US officials travelled to China to check the audits of a large tech group and were stonewalled by regulators.
Almost 10 years later, US officials, as well as hundreds of Chinese companies and global investors that own about $1.4tn of their shares, are hoping that a new agreement will produce a very different outcome.
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