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So, in September, our teams of inspectors landed in Hong Kong to begin putting our agreement to the test. They have returned home. But their work is ongoing.

As you know well, onsite work is only one part of the inspections process. And complete access means complete access throughout every step of the process – no loopholes and no exceptions.

In December, the PCAOB will make determinations whether the PRC authorities have allowed us to inspect and investigate completely or whether they have continued to obstruct.

U.S. law demands complete access. The agreement we signed with our PRC counterparts guarantees complete access. And the PCAOB will accept nothing less than complete access when we make our determinations next month.

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