PwC Expects Six-Month Ban in China for Evergrande Audit
- The business ban is expected to come with a large fine
- PwC has been under scrutiny for its role with China Evergrande
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PricewaterhouseCoopers LLP’s China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.
The announcement is expected to be made within weeks, the person added, requesting not to be named because the matter is private.