PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say

Chinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China due to its work with troubled property developer Evergrande. The penalties could include a fine of at least 400 million yuan, affecting PwC's securities-related business and clientele in the country.