China Asks Large State Financial Institutions to Drop Auditor PwC, Sources Say

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Insurance Journal - Aug 05, 2024

Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property developer Evergrande, said two sources. The regulators, mainly the Ministry of …...

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