Here's your summary from PwC Struggling in China With Exodus of Clients and Staff (https://www.youtube.com/watch?v=O25xX-VuLtU) on the Bloomberg Television channel:
**TLDR:** PwC is facing challenges in China due to the loss of clients and staff following investigations into China Evergrande's accounting fraud.
1. PwC has lost over 30 mainland Chinese clients since March due to investigations into China Evergrande's accounting fraud.
2. Other big four auditors and local auditing firms are gaining clients and market share as a result.
3. While some marquee clients like Tencent and Alibaba are sticking with PwC, there is concern about retaining clients in the future if the trend continues.
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