Professional Services

PwC faces China ban in wake of Evergrande scandal

Big Four auditor is preparing to take a six-month pause in the country after auditing the failed real estate firm’s accounts, according to reports

The sanction from Chinese authorities could begin as early as next month, the FT reports
The sanction from Chinese authorities could begin as early as next month, the FT reports Photo: Raul Ariano/Getty Images

PwC China could be hit with a six-month ban in the country from as soon as next month, according to reports, as Chinese authorities look towards steep sanctions in the wake of the collapse of Evergrande.

Clients of PwC China have been told to brace for its business to be stopped for half a year, the Financial Times reports, after the Big Four firm gave the real estate developer a clean audit before it defaulted in 2021.

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