Another interview with Carson Block of Muddy Waters regarding NQ Mobile, interesting are the following quotes:
"... all of these China frauds that we have seen, the fraudsters don't get punished. The Chinese don't punish them ..."
"... nobody in China gets in trouble for defrauding US investors ..."
"... in some cases they get rewarded for defrauding US investors ...."
If we replace "US" by "Malaysia" or "Singapore", will the above still hold true? I am afraid it will.
But should Malaysia or Singapore then list companies of China on their share exchanges?
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