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.
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PwC unit suspended for six months in mainland China over Evergrande audit
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.
Bank of Beijing aims for top cross-border services
The Bank of Beijing will enhance its cross-border financial services and make continuous efforts to become the top service provider in this field, said Huo Xuewen, chairman of the bank, at a forum …
China Fines PwC, Halts Business for Six Months Over Evergrande
China halted some of PricewaterhouseCoopers LLP’s business for six months for its role in auditing China Evergrande Group.
China Fines PwC $62 Million for Botching Its Work for Evergrande
Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
China’s $6.5 Trillion Loss Should Have Xi Jinping Looking In The Mirror
The $6.5 trillion that’s been erased from mainland bourses since a 2021 peak is an epically large price to pay for Beijing’s policies these last few years.
Russia ‘Always Open’ to Ukraine Peace Talks, Putin Tells China
Vladimir Putin has insisted that Ukraine accept the loss of the Russian-occupied regions of Donetsk, Luhansk and Crimea as a precondition for peace talks.
Daguan · Keweiwei) The 9th China Brand Value Top 100” and “The World Brand Value Top 900” Rankings Officially Released at the CIFTIS
BEIJING, CHINA – Media OutReach Newswire – 13 September 2024 – At the invitation of China International Fair for Trade in Services (CIFTIS) in Beijing, “(Daguan · Keweiwei) The 9th China Brand Value …
China is raising its retirement age, now among the youngest in the world’s major economies
China will raise its retirement age for workers, which is now among the youngest in the world’s major economies, in an effort to address its shrinking population and aging work force. The Standing …
China raises retirement age for first time since 1950s
China will “gradually raise” its retirement age for the first time since the 1950s, as the country confronts an ageing population and a dwindling pension budget. The top legislative body on Friday …
China, Russia chide West at annual security forum in Beijing
Chinese and Russian defence officials on Friday took swipes at the West at a military diplomacy forum in Beijing, with China pitching to the Global South and Russia saying the United States was …