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PwC delays partner payouts in Hong Kong and China

GlobalData
Summary
Nutrition label

84% Informative

PwC has postponed disbursing payments to former partners who recently retired in Hong Kong and mainland China .

The delay comes as the accounting major manages the financial repercussions from its audits of the collapsed Chinese property developer Evergrande .

The delayed payments are expected to aid in preserving cash.

VR Score

90

Informative language

91

Neutral language

81

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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