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UK accounting giant PwC faces six-month China ban

BBC Business LogoBBC Business1d ago

UK accounting giant PwC faces six-month China ban - BBC Business

Quick Summary:

The firm is being penalised for its role in the failure of property giant Evergrande.

An investigation by the regulator said PwC had "seriously eroded the basis of law and good faith, and damaged investors' interest".

Evergrande, which built property in more than 280 Chinese cities and branched out into other business sectors, teetered, then finally went into liquidation in January.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 13:13:54 (1 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22501295

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 4 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 16 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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  • URL: https://beamstart.com/news/uk-accounting-giant-pwc-faces-17262531386855

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