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PwC halts development of $140 million business campus in China
Global accounting and consulting firm PwC has halted work on a new $140 million business campus in China, following a major blow to the company’s financials in the country.
23 September 2024
PwC hit with record fine and six-month ban in China over Evergrande work
PwC’s auditing arm in mainland China, PwC Zhong Tian, has been hit with a six-month business suspension and a record fine of 441 million yuan ($62 million) by Chinese regulators due to its handling o
13 September 2024
Kearney’s APAC chairman: ‘China needs entrepreneurial CEOs’
China is experiencing relatively rapid growth and needs to take steps to sustain the trend, including appointing entrepreneurial CEOs that are not afraid to drive innovation.
09 September 2024
Report: China leads the way in EV charging infrastructure globally
The spread of charging infrastructure saw a significant boost over the past twelve months, even as electric vehicle (EV) sales growth slowed somewhat.
30 August 2024
PwC braces for severe regulatory penalties in China over Evergrande scandal
The Chinese arm of PwC is bracing for significant regulatory penalties following its involvement in auditing the troubled property developer Evergrande.
22 August 2024
PwC fires hundreds of staff in China amid Evergrande fallout
PwC has been forced to fire hundreds of staff in China following a nosedive in accounting revenues from mainland-listed clients, and is anticipating further moves as the fallout from its Evergrande s
18 July 2024
YCP Solidiance and Shenkuo leaders on their joining of forces
Three months after the acquisition of Shenkuo by YCP Solidiance, we sat down with leaders Naoki Arai (YCP Solidiance), Craig Morin and Fred Chan (both Shenkuo) to discuss how the joining forces will
26 June 2024
Sia Partners launches office in Shanghai, 2nd in Greater China
Global consulting firm Sia Partners has launched a new office in Shanghai, which becomes its seventh location in Asia.
10 June 2024
Ignatius Tong joins AlixPartners as partner and Greater China co-leader
AlixPartners has boosted its China-focused business with the strategic hire of Ignatius Tong, who comes on board as Greater China Co-Leader.
09 April 2024
YCP Solidiance acquires Chinese boutique consultancy Shenkuo
Shenkuo Business Partners, a boutique Chinese management consulting firm, has been acquired by YCP Solidiance.
16 March 2024
Jason Ding named managing partner of Bain in Greater China
Global management firm Bain & Company will undergo a leadership transition in its Greater China practice, with managing partner Weiwen Han handing over to Jason Ding after completing his full term.
07 March 2024
Alvarez & Marsal launches 4th Greater China office in Shenzhen
Global management consulting firm Alvarez & Marsal has opened a new office in Shenzhen, its fourth in Greater China.
23 February 2024
China arrests head of consultancy accused of spying for MI6
On Monday, China announced the detention of a foreign national serving as the head of an unnamed foreign consulting firm.
09 January 2024
Alvarez & Marsal hires three new managing directors in China
Global consulting firm Alvarez & Marsal has bolstered its senior team in Greater China with three new members.
28 November 2023
Half of Chinese consumers to spend more on Singles Day 2023
Singles Day, also known as the ‘anti-Valentine’s Day’, is an annual shopping extravaganza in China that falls on 11 November.
10 November 2023
L.E.K. Consulting adds Tingting Pi to partner team in China
L.E.K. Consulting has welcomed a new partner in its Chinese organsiation: Tingting Pi.
26 October 2023
Capvision completes government-supervised rectification in China
International advisory firm Capvision has completed an inspection conducted by the Chinese government into its offices in Mainland China and announced that it has created a “comprehensive and systemi
04 October 2023
China leapfrogs rivals to become world's largest luxury goods market
The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 September 2023
Chris Qin (YCP Solidiance) on China as a mobility powerhouse
As the largest car market in the world, China’s mobility sector is rapidly developing, and several mobility trends are expected to shape the industry's future, says Chris Qin from YCP Solidiance.
24 September 2023
China to lead global personal luxury goods market by 2030
Following a robust performance in the first half of 2023, China is expected to surpass the United States in terms of luxury spending, with 40% of the global market share by 2030.
10 September 2023
MHP appoints Yin Dai as partner in its Chinese business
International business and technology consulting firm MHP has appointed a new partner in its Chinese business: Yin Dai.
27 July 2023
Chinese investment bank CICC Capital bans use of Capvision
Chinese investment bank CICC Capital has banned any internal use of Capvision for any due diligence-related services.
11 May 2023
Local apparel and fashion brands in China winning market share
Chinese apparel and fashion brands are becoming increasingly competitive in the domestic market, tapping into the growing preference from consumers for local brands.
09 May 2023
Capvision latest consultancy raided in China as crackdown escalates
Consulting firm Capvision became the latest target of a police raid by Chinese authorities, a significant escalation in China's tightening grip on national security.
08 May 2023
Hong Kong, Macau and Tokyo most expensive Asian cities to build
Hong Kong, Macau, and Tokyo are the most expensive Asian cities for construction projects, according to a global benchmark by Arcadis.
04 May 2023
Chinese police questions Bain & Company staff in Shanghai
The Shanghai office of global strategy consulting firm Bain & Company has been visited by Chinese police, who reportedly questioned some staff members on company dealings and engagements.
02 May 2023
FTI Consulting completes sale of Cerruti 1881 and Kent & Curwen
Guangzhou-based fashion company Biem.L.Fdlkk Garment has purchased the global trademark rights for two fashion brands: Cerruti 1881 and Kent & Curwen.
13 April 2023
Arthur D. Little installs Dereck Ji as China managing partner
Arthur D. Little has appointed Dereck Ji as the new managing partner of its China business.
12 April 2023
Guidepoint launches its third Greater China office in Beijing
Global expert network Guidepoint has expanded its footprint in China with the launch of a new office in Beijing.
11 April 2023
Ankura adds on-premise Relativity to China e-discovery offering
Global consulting firm Ankura has brought its international partnership with Relativity to the Chinese market.
28 March 2023
China suspends Deloitte’s Beijing office over Huarong accounts
China’s state-clampdown on the world’s largest accounting and consulting firms has ramped up, with the country’s finance ministry issuing Deloitte with a massive fine, and barring it from operating i
26 March 2023
Top South Asia destinations for offshore manufacturing operations
Foreign companies seeking to setup manufacturing operations in Asia are increasingly by-passing China for other countries, with Thailand, India, and Malaysia the most popular alternatives or even out
12 March 2023
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