• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2023-02-22/china-urges-state-firms-to-drop-big-four-auditors-on-data-risk" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Chinese authorities</a> have urged state-owned firms, with China's Ministry of Finance being among government entities that gave informal guidance, to stop working with the Big Four (PwC, Deloitte, KPMG, and EY) once their contracts expire—in the latest move to curb Western influence and possibly retaliate against data security concerns following a landmark agreement allowing US audit inspections of hundreds of Chinese firms listed in New York.

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