Tag: evergrande

The PwC sign is seen in the lobby of their offices (Reuters)
Posted in Business

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…

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Posted in China News

Country Garden’s losses fan worst fears on China property market

BEIJING: Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese developer is on the brink. Country…

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