Making waves in China

In an exclusive interview with Chen Yugui, the head of the Chinese Institute of CPAs, Debra Bruno talks certification challenges, expansion prospects and regulatory pressures

Chen Yugui begins the interview by reminiscing about a visit he paid to Karl Marx’s grave in London’s Highgate Cemetery. The vice president and secretary general of the Chinese Institute of Certified Public Accountants (CICPA) wants visitors to know he is guided by Marx’s principles of socialism, even if in 2013 those principles are closer to socialism with market-friendly tendencies.

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