PwC Invests In ‘High Quality’ Business In China After Record Fine, Internal Memo Says

PwC is making “tangible investments” to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company’s mainland unit with a record penalty. PwC Zhong Tian was hit with a six-month suspension and a fine of 441 million […]