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China Economy: PwC China Fined and Suspended Over Evergrande Failures | Vantage with Palki Sharma 

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China Economy: PwC China Fined and Suspended Over Evergrande Failures | Vantage with Palki Sharma
PwC's China auditing unit has been hit with a six-month suspension and a record 441 million yuan fine for its audit failures related to China Evergrande Group. Chinese regulators accused PwC of overlooking fraud in its audits of Evergrande's flagship unit, Hengda Real Estate, during 2019-2020. The suspension will impact PwC’s ability to sign off on key client documents and could result in a loss of market share in China. The penalties come amid growing scrutiny of Evergrande's financial practices. PwC’s senior partner Daniel Li has stepped down in response. Palki Sharma tells you more.
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PwC | Evergrande | China | Property Developer | Fraud Accusation | China Economy | Firstpost | World News | Vantage | Palki Sharma
#pwc #evergrande #china #propertydeveloper #fraudaccusation #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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17 сен 2024

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Комментарии : 285   
@vidhyanandcs
@vidhyanandcs 4 дня назад
PWC must have made 300 to 600 million over last 15 years helping evergrande. Now they have to pay just 62 million.
@Trancraze
@Trancraze 4 дня назад
From a BBC article from the other day: "...China's securities regulator has confiscated the revenue PwC earned auditing Evergrande and has also issued a fine."
@rahul7rock
@rahul7rock 2 дня назад
What about the goodwill loss? It's immeasurable
@Channel-y5y
@Channel-y5y День назад
​@@rahul7rock Goodwill?? PWC has been the Auditor in most of the scams like Satyam, CVM of Brazil & many more, it has an image of being involved in frauds
@Anna_Batista-w6v
@Anna_Batista-w6v 4 дня назад
PwC was the auditor of biggest retailer company in Brazil. They also got caught commiting fraud. It seems like it's a pattern with PwC. Covering up for criminals.
@naveenbangalore362
@naveenbangalore362 4 дня назад
pwc was also auditor for Satyam computers, we all know what happened there
@spaclec
@spaclec 4 дня назад
This is a pittance for PwC! Why the auditors are not prosecuted for criminal liabilities is beyond me! I vaguely remember that similar fraud happened at Satyam Computers! The auditors getting off with nominal fines/punishments is bad! The auditors should face the full brunt of law!
@rohitguptac
@rohitguptac 4 дня назад
Auditors are the scrape goats.
@spaclec
@spaclec 4 дня назад
@@rohitguptac What bullshit! Just have a look at the profits of these auditing firms! Actually, they charge high for twisting every law in the book! It is just that they get caught, like in the present case, very rarely! That is why, the fine imposed is pittance for them!
@rohitguptac
@rohitguptac 4 дня назад
@@spaclec you watch to much movies mate 😂 I’m an auditor in another big 4, it’s not like what you think in reality.
@babaluman9167
@babaluman9167 4 дня назад
Noo way .. ca's are jailed for satyam scam and even professional misconduct was charged against them . Licence was cancelled.. what are u saying.. auditors have strict punishment and if u get caught and if it goes to NFRA then think ur good as dead
@riteshkumar7527
@riteshkumar7527 4 дня назад
@@rohitguptac but pratice of banning whole firm instead of partners is something to be debated. NFRA has also banned, just signing partners.
@jayeshmonlbs
@jayeshmonlbs 4 дня назад
Palki was on the team who told , china will collapse . What happened dear?
@waltherrathenau7716
@waltherrathenau7716 3 дня назад
Isn't it going that way? Had it been transparent it would have been by now
@Utubeisevil
@Utubeisevil 2 дня назад
china started growing after 70s, so what took 50 yrs does not goes down in few years
@Channel-y5y
@Channel-y5y День назад
@@waltherrathenau7716 still growing @ 5% .
@SKC-tu3ld
@SKC-tu3ld 4 дня назад
PWC should take away the franchise from existing local holders.
@mohanraj.s728
@mohanraj.s728 4 дня назад
May be next in India. Beware of companies appointed PwC for Audi!!!.
@BG-qr4sm
@BG-qr4sm День назад
To say PWC is a scape goat is to say they did not know or could have known own of the risks. Thats foolish. The larger the cover up and looking the other way, the higher the fees.
@rockyjhonny351
@rockyjhonny351 4 дня назад
Big 4c also working in China!!!??😱 First time i came to know this
@goodkanga2275
@goodkanga2275 4 дня назад
because you are ignorant baby
@goodkanga2275
@goodkanga2275 4 дня назад
did you even finish your university courses?😂😂😂😂
@peachcookie6624
@peachcookie6624 2 дня назад
They’re called big 4 specifically because they are all over the world
@ZYXWVU1990
@ZYXWVU1990 4 дня назад
In China, any accounting firm will always be a scapegoat. The Chinese government has to be the biggest fixer in the world.
@zeetvisascam3443
@zeetvisascam3443 4 дня назад
China real GDP is just 1000 rupees a year!!
@user-go2fl1ow2k
@user-go2fl1ow2k 4 дня назад
Very dramatic zee world tv​@@zeetvisascam3443
@SharonX4531
@SharonX4531 4 дня назад
​​@@zeetvisascam3443 CCP boat think if he change profile photo and try to make a comment look like some Indian give nobody understands manipulation.🤡
@innocentmushi3036
@innocentmushi3036 День назад
​@@zeetvisascam3443 I like your sense of humor
@branolukwesa3538
@branolukwesa3538 3 дня назад
As an accountant and former auditor ill tell you material mistatements should not only lead to orison but the closure of the company too.
@branolukwesa3538
@branolukwesa3538 3 дня назад
The other public listed companies should be investigated too.
@Aarini_Ashwini
@Aarini_Ashwini 5 дней назад
I am from India and i find it incredibly shocking and surprising how China and India are just so strikingly in contrasting. On one hand they have an abundance of unoccupied buildings (ghost cities is what some people calls it). In fact a few thousand of those cities already. On the other hand in India there is hardly any buildings and is filled with sIums everywhere with no toIiets. USA is in a similar position to lndia with their amounts of homelessness now
@Aarini_Ashwini
@Aarini_Ashwini 5 дней назад
Over the last four years and still ongoing, Indian news outlets have repeatedly stated that India is significantly ahead of China, always pushing the narrative 'India wins, China loses.' So what better way to prove this narrative than at the world's largest sporting event (2024 Olympics). It’s the perfect opportunity for India to showcase their country's progress and human development. All of China’s finest athletes will be there, as well as India’s best, competing alongside the world’s greatest at the highest level. The event will be broadcast globally, with eyes focus on India and China as they compete. So, did India easily win as they claimed they would? Of course not-India lost to China 0 - 40 and India lost to Hong Kong, China 0 - 2. Olympic success is often a reflection of a country's growth and human development. If a nation such as India lacks infrastructure, training facilities, proper nutrition, and access to basic needs like food and water, it will very well likely perform poorly in the Olympics. Looking at India's extremely poor performance in the 2024 Olympics, it is now crystal clear that India isn't growing or developing at all, and India's economy is not the 5th largest as they have boasted, but rather closer to their bottom-of-the-ladder Olympic ranking of 71.
@USA_BIackedRaws_19894
@USA_BIackedRaws_19894 5 дней назад
@@Aarini_Ashwini You should never stop reminding India of this. Even after getting humiliated by China 0 - 42, India still talks big and think they are better than China. Now imagine if it was the reverse where India actually defeated China 42 - 0. India would be ruthless, merciless, brutal, they would never let China forget about it.
@USA_BIackedRaw_1994
@USA_BIackedRaw_1994 5 дней назад
You know all those indices report that ranks India at the bottom in almost every category, like Hunger Index, Happiness Index, Human Development Index, Environmental Performance Index... After seeing India's 2024 Olympic bottom-of-the-ladder results, it finally makes sense. India ranks 111 out of 116 on the Hunger Index - Because of no food, poor nutrition, insufficient energy and strength to train = Poor Olympic results. India ranks 132 out of 135 on the Human Development Index - Because of lack of human development programs, inadequate training facilities, poor infrastructure, insufficient food = Poor Olympic results. India ranks last (195 out of 195) on the Environmental Performance Index - Because of poor air quality, contaminated water, no sanitation, no electricity, inadequate resources = Poor Olympic results. India ranks 126 out of 136 on the Happiness Index - Because of all of the above; poor air quality, no food, no water, no electricity, no infrastructure, no toilets all leads to low motivation and hopelessness = Low ranking in happiness = Poor Olympic results.
@dhairyab10
@dhairyab10 5 дней назад
Because the available land per capita is 5 times than India
@bablu007ify1
@bablu007ify1 5 дней назад
Now the shameless chinese bots started using indian names in their profile and pretending like indians. Keep crying about the progress. The country that kills crores of citizens to fast progress is lecturing us about progress. Your damn sins will eat your country one day.
@paulocembranelli5514
@paulocembranelli5514 5 дней назад
The world needs an overhauling of the big three Credit Rating Agencies, Standard and Poor's, Moody's and Fitch (Subprimes in 2007), and also the big four Auditing Agencies, PWC, Deloitte, E&Y and KPMG...
@illpreachchrist2055
@illpreachchrist2055 5 дней назад
Yes please
@merrick6484
@merrick6484 5 дней назад
You can not. They were owned and ran by Jhews from US. In a way, they were like Economic CIA to spy on the world. If you touch them, Uncle Sam will jump on your back.😁
@Dr.Kraig_Ren
@Dr.Kraig_Ren 5 дней назад
They'll just lobby someone to stop this
@flowerdeflower
@flowerdeflower 4 дня назад
Those agencies control the books of the Governments......how are you going to change that first ......
@Solus5048
@Solus5048 4 дня назад
I've credit checked 20+ companies in my time in a fintech consultancy. Each one of them where MOODY credit rated. I only ever passed like 7 of them
@Solus5048
@Solus5048 4 дня назад
Palki ji said that china is gonna collapse in 2021. I felt like ache din where finally here. 3 years later my local company collapsed but china is going strong
@christopherchong592
@christopherchong592 4 дня назад
really? scapegoat playing victim now for wrongdoing.
@jimmywang525
@jimmywang525 4 дня назад
Yesterday:China's Evs is dominating the world Today:China Economy is collapsing
@cloudwithwind574
@cloudwithwind574 4 дня назад
To deceive the people, it is necessary to do so! Otherwise, no one would be watching!
@SharonX4531
@SharonX4531 4 дня назад
Not totally collapsing but it becomes slow poison for China after , trade what started specially after covid-19 because in trade war there was only America and China but after covid-19 it becomes almost whole Asian Japan India Europe America versus china.
@badalsingh2050
@badalsingh2050 4 дня назад
😂😂
@sakthivelsubbaiah1867
@sakthivelsubbaiah1867 4 дня назад
One thing she never mention PwC origin. Is a British company. It's make sense china to fine this much . She won't tell if western companies involve any wrong doing in china 😂😂😂
@vinniche
@vinniche 4 дня назад
What was the fine PWC pay after Satyam Fraud?
@arushi1433
@arushi1433 16 часов назад
PWC was the Auditor of Satyam Computers in India and Helped Ramalingaraju in 2008 leading to Satyam Scam.
@ryanstephen120
@ryanstephen120 День назад
Soon, we will speak like this over US government debt after they default. Why didn't regulators say something? Why did people not see this coming? etc ...
@krishnamenon5270
@krishnamenon5270 5 дней назад
PWC was directed by american intelligence!
@hermesliteratus882
@hermesliteratus882 4 дня назад
I'm not even surprised if they were a branch of the CIA.
@jsj757
@jsj757 4 дня назад
Nicely presented by God gifted person 🎉
@HelloAutoCarz
@HelloAutoCarz 5 дней назад
Only 6 months ban???
@testingcsr
@testingcsr 4 дня назад
Why Chinese Government never bailed Evergrand ?
@cohenwang2845
@cohenwang2845 4 дня назад
They did
@understanding.everything
@understanding.everything 4 дня назад
If they don't Chinese would be on the streets by now
@aninda2457
@aninda2457 4 дня назад
Because China (unlike US) doesn’t support property be used for speculation, rather be utilised for its true purpose - living in a home built on hard earned money of the common man.
@ChuaPangAssociates
@ChuaPangAssociates 11 часов назад
Did I hear it right at 2.55 ? Investigator bought Evergrande shares ?
@mranjith
@mranjith 17 часов назад
If PWC made a mistake it needs to be fined.. no need to put them as victim
@NirajMundra
@NirajMundra 4 дня назад
Good job. We should think on such grounds here too. And do a study of their past valuations and actual results.
@sandipkolekar02
@sandipkolekar02 4 дня назад
Thanks for sharing the grey side of China
@KamalUK636
@KamalUK636 3 дня назад
All the 4 big accountancy firms are UK based. Even the British government fined PWC last month.
@johnwisdom651
@johnwisdom651 11 часов назад
PwC ends up at all the wrong places.
@nicekidgames8340
@nicekidgames8340 5 дней назад
@Palki ma’am , Please make Indian government also aware about Adanis scams too in time
@Dr.Kraig_Ren
@Dr.Kraig_Ren 5 дней назад
Adani was never a scam. Sure they did borrowed heavily, but now they have made their financials strong.
@nehagoala3633
@nehagoala3633 5 дней назад
Adain never did scam they use there own money ND bought there own stocks it's not crime...dumbo
@deepalimittal6874
@deepalimittal6874 5 дней назад
​@@Dr.Kraig_Renthese are spammer no need to reply them, just report
@kazuma2060
@kazuma2060 4 дня назад
​@@Dr.Kraig_Ren ccp bots bro
@MJ-revered
@MJ-revered 3 дня назад
​@@kazuma2060Only in India Gautam Adani is still seen as a legit businessman. Not only Hindenburg but the Swiss government is now investigating his crimes.
@user-dg2dm8xg4u
@user-dg2dm8xg4u 5 дней назад
Too little, too late, masters free, workers blamed. The Law is weak.
@desi20273
@desi20273 4 дня назад
India is so corrupt, we don't even make scapegoats 😂
@fakoneuwyong
@fakoneuwyong 5 дней назад
Since PWC only scapegoat, let's India give her jobs but India is such a smart country needn't any accountant. Hoping PWC move to India soon so India can give her protection. What's not good for China it's the best for India.
@durudadlani1931
@durudadlani1931 4 дня назад
It is quite possible the Accountants were using different accounting methods or filing items under wrong sides. Some do declare Liabilities as Assets.
@sanjaymangrulkar1445
@sanjaymangrulkar1445 3 дня назад
Scapegoat? PWC India was also Auditors for Mytas,
@TFL19823
@TFL19823 4 дня назад
Rahulji can help GS to buy such asset as dirt cheap prices
@ClimateBot
@ClimateBot 2 дня назад
PWC in deep trouble, no oversight team established it seems and controls not established may be
@YangLeeZhao251
@YangLeeZhao251 5 дней назад
How do you explain this extremely rare phenomenon when you hate someone so much and still buy everything from that someone 😂😂😂😂
@yenko123
@yenko123 5 дней назад
Ignore them...keep going to the moon, no body is gonna stop you my Friend. ❤From Eritrea...
@surojeetchatterjee
@surojeetchatterjee 5 дней назад
​@@yenko123 India reached moon & Mars before them. First nation on earth to land on dark side of moon.
@user-go2fl1ow2k
@user-go2fl1ow2k 5 дней назад
​Superpower India is unstoppable 🔛🔝🛐
@LionelMessi-nw1cb
@LionelMessi-nw1cb 5 дней назад
​@@surojeetchatterjeeYou indian always lives in dillusional world....china landed moon is 12-14 years back
@liquidswordfish
@liquidswordfish 4 дня назад
Moon and mars but no toilet, this doesnt add up something is missing there 😂😂😂. ​@@surojeetchatterjee
@ChuaPangAssociates
@ChuaPangAssociates 11 часов назад
PWc, KPMG, Deloitte & EY
@ciaranwalsh9963
@ciaranwalsh9963 День назад
Sounds familiar? Was the original playbook written by Enron?
@pinoyclasico8932
@pinoyclasico8932 2 дня назад
It's like Filinvest and Ayala going bankrupt in the Philippines.
@Karma_will_get_U.
@Karma_will_get_U. 4 дня назад
Bonus for Palki. America just approved 1.6 billion dollars for china slandering 😂😂😂. What about Manipur??? Godi media
@rohanreddysanikommu
@rohanreddysanikommu 2 дня назад
At 2:55 May be it should be “investors” and not investigators
@gauravkr1557
@gauravkr1557 5 дней назад
The intellectual bots with coded punch cards in chinese will say that palki is setting totally fake narrative 😂about their papa 🐷 but always forget to edit or even add some other words in thsere comments
@Rav01508
@Rav01508 5 дней назад
And yet not a single counter to thier facts and comments? Why don't u proof them wrong with facts and truth?😂😂
@deepalimittal6874
@deepalimittal6874 5 дней назад
​@@Rav01508it's not proof, it's prove
@anirbanbiswas6949
@anirbanbiswas6949 5 дней назад
Chinese boot China products No guarantee 😂😅
@franknjamen3044
@franknjamen3044 5 дней назад
Why are arguing with bollyhood bots homeless 😅??? People die of starvation in one country and the other one people live luxury live. House is for living said Mr Xi What do Moodi offer to its bots curry 🍛 ???
@dreamer1081
@dreamer1081 4 дня назад
Exactly, they use the same few comments for every video. At least pretend that you are not a bot 😂. I have learned to ignore these chinese bots.
@kingcupgroupholdingnamibia4619
PWC in Namibia sold their office for N$62 million to government, image a country in poverty but buying expensive buildings..
@Lord_Rainbow
@Lord_Rainbow 5 дней назад
I see similarities to Adani
@Yagnik_Sojitra
@Yagnik_Sojitra 4 дня назад
😂
@Jef-Chen
@Jef-Chen 5 дней назад
China's economy is only a few steps away from collapsing due to the Evergrande crisis Palki 2021
@FahadAbubakari
@FahadAbubakari 5 дней назад
😂😂😂😂😂
@sensiblysimple6428
@sensiblysimple6428 4 дня назад
Palki the fortune teller of China 😂
@paulferrer3578
@paulferrer3578 4 дня назад
China economy is falling ...
@zeetvisascam3443
@zeetvisascam3443 4 дня назад
Today 5 pm India will overtake China 😅😅😂😂
@Solus5048
@Solus5048 4 дня назад
Unfortunately a lot of ppl see a pattern and immediately think it's going to happen. Not realising that CCP has deep pockets
@lipighosh8647
@lipighosh8647 4 дня назад
PWC is also banned by Australia for the similar reason
@Himalayanhighlander
@Himalayanhighlander 5 дней назад
Three cheers🎉🎉🎉to PWC😊😊😊
@kiyarasp6314
@kiyarasp6314 3 дня назад
Google Facebook is not there in china but PWC is
@VishyVV
@VishyVV 4 дня назад
PwC was also auditor for Satyam
@viratsanatan6770
@viratsanatan6770 5 дней назад
Big 4 scamsters
@deepak-gr8fo
@deepak-gr8fo 4 дня назад
PWC has history of wrongdoings in India as well.
@post37
@post37 4 дня назад
This PWC also audited Satyam software company..
@Solus5048
@Solus5048 4 дня назад
No one's a scapegoat.
@DheerajNagpal
@DheerajNagpal 4 дня назад
PWC was also the Auditor for Satyam Computers. Funny enough, my colleague in Satyam was an ex PWC employee and he said that people use to get high before coming to PWC office. This was 4 years before the Satyam issue came out.
@AryanSingh-be3xt
@AryanSingh-be3xt 4 дня назад
Will pwc Indian employees will be laid off?
@maheshraj2771
@maheshraj2771 4 дня назад
Pls look into pwc’s actions in India as well… Like most lawyers, most auditors prioritise their own revenue over truth, fair disclosures, spirit of law, ethics and even national interest…while hiding themselves under ‘to the best of my/our information…’ crap. And it flies beyond audit..into other ‘professional services’. Look at pwc’s actions in Kerala. They were engaged by corrupt state Govt to fill well paying positions, in state Govt enterprises like Space park, with people who had no qualification at all. Of course they will try to escape future blame by subcontracting their engagement to flimsy enterprises. So no sympathies.
@tomsutube51
@tomsutube51 4 дня назад
If PwC is not guilty then its a scrapgoat but if guilty , can you say its a scrapgoat?
@anilsankarv2448
@anilsankarv2448 5 дней назад
The problem is government policies . One day government will say will push infra markets , so builders borrow money from market and later the government takes negative stand on infra market. The builder will ultimately due and blame auditor as scape goat . Useless government policies and burecrats
@ashwinkumarsharma7888
@ashwinkumarsharma7888 4 дня назад
I am still homeless,but will build my dream as soon as possible."WORLD IS NOT A FAIR PLACE ".
@thomasrogers9146
@thomasrogers9146 4 дня назад
PALKI,S CHINA JEALOUSY IS GETTING TOXIC.
@VickyYadav-qj6kv
@VickyYadav-qj6kv 4 дня назад
It's reported on other media too...don't u read articles
@vinestervega19
@vinestervega19 4 дня назад
Too many VPN users accessing world web when they aren't allowed to.
@kazuma2060
@kazuma2060 4 дня назад
Naah they are allowed for this by their master pooh😂
@vinestervega19
@vinestervega19 4 дня назад
@@kazuma2060 true
@bittertruth1208
@bittertruth1208 2 дня назад
Auditors know everything about companies finances but they ignore. I wasn’t shocked when Deloitte stopped auditing for Adani group because they knew what is going on but Modi government and SEBI let Adani continue his unethical business practices 😂
@bijinkumar6415
@bijinkumar6415 4 дня назад
Adani Audit saga incoming soon 😅
@aryabhatt8896
@aryabhatt8896 4 дня назад
PwC layoffs comics soon? Comoany has to do cost cutting to recover fine
@COLLAPSE.of.US.ECONOMY
@COLLAPSE.of.US.ECONOMY 3 дня назад
The auditing firm, Arthur Anderson LLP went bankrupt in 2002, after the firm issued unreserved audit opinion on the financial statements belonging to the troubled Enron. So WoC is lucky just to be fined only $62 millions.
@KamalUK636
@KamalUK636 3 дня назад
No, they just changed their name to Accenture and moved back to UK/Ireland.
@COLLAPSE.of.US.ECONOMY
@COLLAPSE.of.US.ECONOMY 3 дня назад
@KamalUK636 No wonder why the UK is nearly bankrupt.
@mohit0901
@mohit0901 4 дня назад
Somehow this seems believable.. Look into how these auditors participated in 2008 crash as well. There is a good documentary on this !
@phillipchan6919
@phillipchan6919 5 дней назад
“Stop smearing”.
@johnseah8040
@johnseah8040 День назад
India is next......
@franknjamen3044
@franknjamen3044 5 дней назад
Say the most developed country in the world with no toilets.Why are arguing with bollyhood bots homeless 😅??? People die of starvation in one country and the other one people live luxury live. House is for living said Mr Xi What do Moodi offer to its bots curry 🍛 ???
@kazuma2060
@kazuma2060 4 дня назад
Ahh there are a lot of toilets in india than the population of your own country if you are that much desperate apply for a janitor job
@Olcool
@Olcool 4 дня назад
They took a leaf from Donald Trump's play book.
@Gsteuwbags
@Gsteuwbags 5 дней назад
Boss please read the teleprompter properly 1st you said 300billion then said million later you said investigators instead of investors
@Ayubkdkisitu_ug_usa
@Ayubkdkisitu_ug_usa 4 дня назад
Nice delivery🎉
@Martin_Priesthood
@Martin_Priesthood 5 дней назад
Xi is in lots of trouble. . And who designed such ugly buildings?
@merrick6484
@merrick6484 5 дней назад
You can not even afford it, why its your concern? 😂
@Dr.Kraig_Ren
@Dr.Kraig_Ren 5 дней назад
Most Chinese skyscrapers are like this. That 3000+ number they have. They are these ugly residential buildings built for speculation
@deepalimittal6874
@deepalimittal6874 5 дней назад
​@@merrick6484non wants to afford them, that is why they are ghosted 😂
@Martin_Priesthood
@Martin_Priesthood 4 дня назад
@@merrick6484 my concern is looking at them. . hurting my eyes. . and in other places they build such beautiful roads and bridges
@Martin_Priesthood
@Martin_Priesthood 4 дня назад
@@Dr.Kraig_Ren very ugly. . Palki can even design a better apartment complex. .🤓
@shermanpeabody6102
@shermanpeabody6102 5 дней назад
1% of Indians own 40% of India wealth. Something is wrong. 🦉
@sensiblysimple6428
@sensiblysimple6428 4 дня назад
India loves worshipping whoever is above them 😂
@yageshgupta8598
@yageshgupta8598 4 дня назад
Gini index India 32 Cryna 37 🤡🤫
@kazuma2060
@kazuma2060 4 дня назад
Yeah something is wrong with your mindset
@silentreaper9264
@silentreaper9264 4 дня назад
Palki Sharma I always like your journalism and I also hate China for its expansionism but our Indian Government also needs to learn something like this from China. At 3:12 you have said by yourself that Pwc is the largest company in China but still they have been fined and suspended for 6️⃣ months which is a good move and we should appreciate it and also try to implement same steps in our country also to stop fraud activities.
@DesiElonMusk
@DesiElonMusk 5 дней назад
Pwc is the most pathetic company ever
@Mishowhbk
@Mishowhbk 4 дня назад
She doesn't want to say PWC is a US auditing firm 😂😂😂😂 this woman is a US puppet
@AnandKumar-yd6ey
@AnandKumar-yd6ey 4 дня назад
Madam earnst n young, E&Y both are same...
@rolandsaludares694
@rolandsaludares694 5 дней назад
Who's going to jail?
@merrick6484
@merrick6484 5 дней назад
If you dig into the companies listed on Indian stock exchange, you find worse fraud. At least Chinese govenment has the integrity and guts to shut the biggest developer without favourism.
@surfspark
@surfspark 5 дней назад
They have no other option asshole.All Indian companies have good cash flows and profit returns and many are driven by market unlike China's debt fuel stock pricing strategy.
@ninersnation3298
@ninersnation3298 5 дней назад
India, India, India!!! kind of tired of china talk everyday..can we get more coverage on superpower india??!?!
@SanLucas-hr8pf
@SanLucas-hr8pf 5 дней назад
this is anti china propaganda channel
@seowkhoontan9534
@seowkhoontan9534 4 дня назад
Not much to cover from India apart from gang rapes, corruption of the Modi government in conspiration with Adani, Tata, Reliance et al.
@yageshgupta8598
@yageshgupta8598 4 дня назад
Why you afraid of ccp failures 😂
@kazuma2060
@kazuma2060 4 дня назад
​@@yageshgupta8598 vpn user bro ccp is paying them
@MJ-revered
@MJ-revered 3 дня назад
​@@yageshgupta8598Chinese villagers are richer than Indian city folk in Mumbai.👏
@rnlkt4962
@rnlkt4962 5 дней назад
Professional services firms must face stricter audits. These organizations operate under a veil of secrecy, often concealing unethical practices. It's time to hold them accountable with rigorous, transparent audits to expose the shady dealings and ensure integrity across the board.
@kazuma2060
@kazuma2060 4 дня назад
A lot of Chinese bots in comment section are running to save face of their master😂😂😂 lol
@ConcernFlush-j4p
@ConcernFlush-j4p 2 дня назад
Will Estate
@user-bt8cu2tu1q
@user-bt8cu2tu1q 5 дней назад
Stop talking about China,what Chinese living good or bad is none of your business,why you dare not to talking about Adani Group and Madhabi Puri Buch - the chief of market regulator Securities and Exchange Board of India(Sebi)?
@merrick6484
@merrick6484 5 дней назад
😆 She is Palki, the mouth piece of Modi Media.
@phillipchan6919
@phillipchan6919 5 дней назад
She wants to scare off investors in China. They want Chinese investment going to India. Mud slinging.
@kazuma2060
@kazuma2060 4 дня назад
​@@merrick6484 ahhh another abdul with fake account
@alchesterdescallar6053
@alchesterdescallar6053 5 дней назад
Oh that’s nothing, look at the Federal debt of the US 😂😂😂 wait until this whale will pop.
@Mohan-tr8uu
@Mohan-tr8uu 4 дня назад
Not only pwc get punished, but everyone who bear responsibility for this bubble including the founder of evergrand get punished
@LawMaxine-p8b
@LawMaxine-p8b День назад
Gusikowski Isle
@HelloAutoCarz
@HelloAutoCarz 5 дней назад
That’s very typical of these big Auditors… deliberately aiding companies to cook their books 📚
@ashishahuja8605
@ashishahuja8605 5 дней назад
Remember PWC was auditor for satyam at the time of fraud.
@GauravDhandhukia
@GauravDhandhukia 4 дня назад
यही PWC भारत में शुद्ध हो जाती हैं
@user-cy3ce1gy7o
@user-cy3ce1gy7o 5 дней назад
Remember the big illegal sign board that collapsed in india and killed someone? Was it taken care off? How much bribery was paid to the victims and police? 300 rupees?
@staickeystickey7337
@staickeystickey7337 5 дней назад
China 🇨🇳 we walking away with the debt ,untouchable 😂😅 remember u have a prblm wth Tawain alrdy
@natrajanrajasekaran
@natrajanrajasekaran 4 дня назад
Kettle calling pot …..
@dimsimbogan.
@dimsimbogan. 5 дней назад
As a member of the ASEAN family of nations from Thailand, we are so lucky to be geographically flanked by China and India on both sides. China can serve as a role model for our development while India is always there to scare the life out of us if we don't develop
@b2wme
@b2wme 5 дней назад
You mean you don't have the capabilities to act on your own😂😂
@Rapture77
@Rapture77 5 дней назад
India is the fastest growing economy now China’s Global Times scoffed and scorned India for not being able to vaccinate its population during Covid. Fact, India vaccinated 90% of its population and exported to 99 countries much of it free for the poor countries. In other words is vaccines were efficacious. At the same time, we cannot say the same thing for China’s vaccine and neither was China capable and actually did not vaccinate this majority hence the fateful zero Covid. Please get your facts right. Btw, I’m not from India. Indian companies have invested over 63 billion USD into Singapore while Singapore’s investments into India are at over 50 billion USD . India is the 2nd largest investor into the UK after the US with over 100,000 higher value added jobs. India itself has invested over 1.3 trillion USD in transport developments from highways, expressways and ports. In fact, it has now the second largest wrote network after the United States. Since you’re not so far from India, why don’t you just go over and check it out for yourself? This is also a free media. You can always check fax. This is RU-vid owned Google. You’re welcome to criticize but in return be able to accept counter arguments and fact checking in. You encourage to go in fact check yourself because this is a relatively free and open platform and that’s what defines democracy. This is not WeChat. You are welcome to criticize and in return be open to counter criticisms. By fact, checking. You are welcome to explore freely in relatively free media in relatively free societies. Welcome!
@AbuSayyaf963
@AbuSayyaf963 4 дня назад
@@b2wme If a country like India becomes the largest democracy in the world, you will get praise from the United States. I believe no one in ASEAN would want to learn from such a development model.
@Bobyshorts777
@Bobyshorts777 4 дня назад
One day you will be occupied by china 😂😂😂
@b2wme
@b2wme 4 дня назад
@@AbuSayyaf963 India is already the world's largest democracy. You mean you guys don't want democracy but rather love monarchy and get lifetime or death penalty for criticizing your monarch's actions?
@ronaldbargeman2536
@ronaldbargeman2536 3 дня назад
Rodriguez Elizabeth Thompson Eric Jones Susan
@TheMarcuslindberg
@TheMarcuslindberg 4 дня назад
India and China should find a way to cooperate and use their respective strengths to build a bright future. 🌞
@natesannarayanan4318
@natesannarayanan4318 5 дней назад
Same with some of Indian builders who have facilities on all sides. Banks, private Lenders, advance from buyers and credit from suppliers, never pay employees PF. They are flying today, no idea when will they fall. Anderson never disclose Sathyam financials.
@Dr.Kraig_Ren
@Dr.Kraig_Ren 5 дней назад
Non profit assets are in safe Postion after modi government
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How China's property bubble burst
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