Corporate America is facing growing pressure from the right to cut ties with China, but a Capitol Hill stalemate between GOP China hawks and Wall Street-friendly Republicans is sparing industry from feeling more pain.
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Beijing suspends PwC’s China unit for six months in record penalty over Evergrande audit
By Julie Zhu and Xie Yu HONG KONG (Reuters) -Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 …
China and Russia chide West at security forum in Beijing
Chinese and Russian defence officials took swipes at the West at a military diplomacy forum in Beijing on Friday, with China courting the Global South and Russia saying the United States was shifting military conflicts…
U.S. Must Not Accept Beijing’s Grip on Hong Kong
On a blue-sky September day almost exactly five years ago, I stood on the steps of the U.S. Capitol and shook the hand of a young man I had been
Kantar releases Top 100 Most Valuable Chinese Brands ranking in 2024
Themed “Shape Your Brand Future, Accelerate Sustainable Growth”, the 2024 Kantar BrandZ China Gala Event was held in Shanghai on Sept 10. Kantar officially released the 2024 Top 100 Most Valuable …
Evergrande Chairman Hui kept in special detention center in Shenzhen, sources say
Hui Ka Yan, the chairman of China Evergrande Group – the company at the centre of the country’s property sector crisis – has been moved to a special detention centre in Shenzhen, two sources with…
China’s debtors get ray of hope as Shenzhen shares bankruptcy data
Shenzhen has released more data on its personal bankruptcy cases, part of a pilot programme adopted to aid China’s individual debtors.
China gives auditing firm PwC a 6-month ban and fine over audit of collapsed property developer Evergrande
TAIPEI, Taiwan — China gives auditing firm PwC a 6-month ban and fine over audit of collapsed property developer Evergrande.
Beijing suspends PwC’s China unit for six months over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over its audit of troubled property developer China Evergrande Group, the …
PwC unit suspended for six months in mainland China over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over the auditing of Evergrande, the regulator said.
China slaps PwC with record US$62.2 million fine, 6-month ban for Evergrande audit failures
Beijing wants to send a strong message to auditors about their role as gatekeeper, Hong Kong lawmaker Edmund Wong says.
China suspends PwC for six months, fines firm $62 million over evergrande audit issues
Beijing has imposed a six-month ban and a $62.2 million fine on PricewaterhouseCoopers (PwC) following an audit that uncovered major financial misstatements at Evergrande Real Estate. This move is …
PwC unit suspended for six months in mainland China over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over the auditing of Evergrande, the regulator said.
