PwC troubles in China deepen with exit of Hong Kong partners

PricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is experiencing a significant partner exodus, with at least 10 more departures expected soon, adding to previous losses. These troubles follow regulatory fines and operational suspensions in mainland China related to Evergrande's inflated financial reports, impacting PwC's revenue and client retention.