PwC’s auditing arm in mainland China, PwC Zhong Tian, has been hit with a six-month business suspension and a record fine of 441 million yuan ($62 million) by Chinese regulators due to its handling o| www.consultancy.asia
China is experiencing relatively rapid growth and needs to take steps to sustain the trend, including appointing entrepreneurial CEOs that are not afraid to drive innovation.| www.consultancy.asia
The Chinese arm of PwC is bracing for significant regulatory penalties following its involvement in auditing the troubled property developer Evergrande.| www.consultancy.asia
Global consulting firm Sia Partners has launched a new office in Shanghai, which becomes its seventh location in Asia.| www.consultancy.asia
Global management firm Bain & Company will undergo a leadership transition in its Greater China practice, with managing partner Weiwen Han handing over to Jason Ding after completing his full term.| www.consultancy.asia
Global management consulting firm Alvarez & Marsal has opened a new office in Shenzhen, its fourth in Greater China.| www.consultancy.asia