PwC names new China head amid regulatory scrutiny

PwC names new China head amid regulatory scrutiny

FILE PHOTO: A building housing the PricewaterhouseCoopers (PWC) branch office stands behind a Chinese national flag in Beijing, China January 24, 2014. REUTERS/Kim Kyung-Hoon/File Photo

PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in mainland China and Hong Kong.