Tag: china
Explainer: How big are the Big Four accounting firms in China?
Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62…
Evergrande fraud: China imposes record penalty on PwC for audit lapses
China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group. The…
India extends anti-subsidy duty on Chinese chemical for 5 years
India has extended countervailing or anti-subsidy duty on a Chinese chemical used in pesticides for five more years to guard domestic players. The decision followed…
China imposes six-month business suspension on PwC’s auditing unit in mainland China
Sep 13, 2024 02:03 PM IST China’s finance ministry imposed a six-month business suspension on PwC’s auditing unit in mainland China over the Evergrande auditing,…
China detains investment bankers, takes passports amid increased crackdown
China is turning up the heat on its army of 8,700 investment bankers. Chinese President Xi Jinping is seen. Regulatory scrutiny has increased in China,…
India to impose up to 30% tariffs on some steel imports from China, Vietnam
India will impose tariffs of between 12% and 30% on some steel products imported from China and Vietnam in a bid to safeguard and boost…
India open to do business with China, but terms must be looked into: EAM S Jaishankar
External Affairs Minister S Jaishankar on Tuesday said India is open to pursuing business with China, but the question is in what sector and under…
Apple’s AI gap in new iPhones hits China users as Huawei threat looms
Apple’s new iPhone launch drew scorn on Tuesday for its lack of artificial intelligence features in China, a challenge for the U.S. giant as it…
Unilateral digital, carbon plans are big risks, says WTO
Uncoordinated unilateral approaches to address the digital economy and low-carbon transition can create potential distortions and trade tensions, the World Trade Organization (WTO) said on…
China’s deflation risk grows as signs of economic weakness mount
China’s core inflation cooled to the weakest in more than three years, adding to signs policymakers are struggling to get households spending and further putting…