Category: Beijings
-
Over 30 Chinese firms cut ties with PwC amid Beijing’s pressure over Evergrande scandal
•
PricewaterhouseCoopers has seen a major loss of major clients in China after pressure from Beijing, which has urged state-owned companies to cut ties over the firm’s involvement with troubled property developer Evergrande. Over the past few months, China’s Ministry of Finance has issued “enforceable guidance” – informal verbal instructions –…
-
Blinken meets China’s Wang after chiding Beijing’s ‘escalating actions’ at sea By Reuters
•
By Simon Lewis VIENTIANE (Reuters) – U.S. Secretary of State Antony Blinken met his Chinese counterpart Wang Yi on Saturday at a regional summit in Laos, hours after he criticized Beijing’s “escalatory and unlawful actions” in the South China Sea. Blinken and Wang shook hands and greeted each other in…