Ernst & Young (EY) and KPMG have snapped up over half of PwC’s corporate clients in China that have fled the market’s leading accounting firm as it faces a regulatory probe, filings show.
Featured Posts Title
Beijing Court Jails Tech Executive 14 Years for $19.5M Crypto Laundering
Thailand and Cambodia reaffirm ceasefire after China-brokered meeting in Shanghai
The new coronavirus variant surging in China has arrived in the … – MSN
Ukraine imposes sanctions on Russia’s shadow fleet
Vietnam’s China ties strengthen amid Trump tariff uncertainty
‘All gone’: Beijing villagers left with nothing after deadly floods
Beijing to ‘exert strength’ to drive growth; China’s dynamic cities: SCMP daily highlights
Recent Posts
EY, KPMG benefit most from PwC China’s regulatory woes
Next US President Expected to Add More China Export Controls, Pimco Says
Pimco’s Head of US Public Policy Libby Cantrill says the next US president, whether it’s Kamala Harris or Donald Trump, is likely to introduce more export controls on China. Cantrill says another …
China industrial production disappoints in July, retail sales improve
Investing.com– Chinese industrial production grew slightly less than expected in July as exports, particularly electric vehicles, were hit by increased trade tariffs, while retail sales perked up on some improvement in spending.
China Slashes Steel Output as Industry Sounds Alarm on Demand
Chinese steelmakers slashed output last month as woeful demand forced steep cuts on an industry contending with a collapse in margins.
Nearly 85 pct of counterfeit goods come from China: data
Nearly 85 percent of the counterfeit goods seized by South Korean customs authorities in the first half of this year originated from China, data showed Thursday. The value of these fake goods, …
China reports slight beat in July retail sales, but industrial data disappoint
Retail sales rose by 2.7% in July from a year ago, beating forecasts of 2.6% growth according to a Reuters poll. Industrial production rose by 5.1%, below the poll’s forecast of 5.2%. Within fixed …
China’s home-price slump deepens in July to new 9-year low
China’s new home prices fell at the fastest pace in nine years in July, official data showed on Thursday, as supportive policies failed to stabilise the market and restore confidence in the struggling …
China’s property investment falls 10.2% y/y in January-July
Property investment in China fell 10.2% in the first seven months from a year earlier, after dropping 10.1% in January-June, even as the government launched a slew of support measures to bolster …
Urea supply tight as China keeps exports low
Global urea supplies are constrained, according to analysts. One of the main reasons for that tightness is the lack of exports from China,
The big cover-up: Shunning the sun has become big business in China
Ultraviolet protection from the sun’s rays has become big business in China. The market for UV protective products surged to 74.2 billion yuan (US$10.3 billion) in 2023 and is expected to hit 95.8 …
Mainland Chinese food brands make inroads in Hong Kong as int’l eateries retreat, researchers says
Mainland Chinese food and beverage brands have gone against the tide to expand in Hong Kong, a research NGO has said, whilst international eateries have scaled down their businesses compared to five …
China new home prices fall for 13th straight month in July
China’s new home prices fell for the 13th straight month in July, official data showed on Thursday, as supportive policies failed to stabilise the market and restore confidence in the struggling …
China’s Home Price Slump Eases After Government Rescue Efforts
China’s home-price downturn abated in July, a sign that the government’s most forceful effort to revive the market is beginning to take hold.
