PwC Denies Rumors of Suspending Business Operations in China

PwC Denies Rumors of Suspending Business Operations in China

Regarding the rumors such as “Chinese operations may be suspended,” in the early morning of May 10th, PricewaterhouseCoopers (PwC) issued a statement on its official WeChat account, stating that it had noticed false information about PwC spreading on social media platforms. These false claims falsely stated that they came from official channels within PwC. This information did not come from PwC, and PwC’s trademark was also used without authorization. The content is all untrue information.

PwC stated that it takes this matter very seriously and will deal strictly with unauthorized use of trademarks and fabrication of false information. They have requested relevant parties to delete the related information and will take other necessary actions accordingly.

Previously, an open letter with the title ‘Who led PwC into this pit of Evergrande?’ circulated on the internet and attracted attention.

SEE ALSO: Evergrande Auto Faces Turmoil as Executive Director Detained on Suspicion of Illegal Activities

On April 16th, PricewaterhouseCoopers (PwC) issued a statement acknowledging that an anonymous letter claiming to be from ‘some PwC partners’ had been published and spread on certain social media platforms or media outlets. The anonymous letter contained false information about PwC and some partners, which contradicted facts and seriously harmed PwC’s business reputation and legal rights, causing negative impacts.

PwC stated that they take this matter very seriously, have taken appropriate measures in response, and will conduct a thorough investigation into the issue. They have reported the publication and dissemination of the letter to relevant law enforcement agencies and reserve the right to pursue legal action against those who fabricate, disseminate, or spread false information.

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