China Desk

Fuelled by huge market potential and opportunity to expand customer and product base, businesses around the world is now eyeing to have a share of the China pie, the next up and coming power economy.

According to PwC’s 9th Global CEO survey 2006, ‘Globalisation and Complexity: Inevitable forces in a Changing Economy’, 55% of the global CEOs plan to venture into China in the next three years. Forming alliances with local partners is the most popular strategy for these CEOs to enter into new markets, especially in China, while 54% of them plan to set up office in China.

Key challenges
Recent economic, socio-political and regulatory changes pose challenges for businesses intending to make inroads into China. Likewise, for Chinese companies planning to move beyond the Chinese shores, a set of different challenges await. Some of these include:

  • a lack of good corporate governance practices;
  • need for alignment of accounting framework to international financial reporting standards;
  • limited access to capital market in the international arena;
  • lack of tax planning knowledge; and
  • lack of market best practices.

How PricewaterhouseCoopers can help

Armed with extensive experience and in-depth local market knowledge, PricewaterhouseCoopers offers unique insights and practical solutions to varied complex needs of businesses. Our multi-disciplinary team comprises people with extensive expertise ranging from audit, tax and advisory services. Our services include:

i) Capital market advisory

For organisations looking to raise capital for expansion and growth via the capital markets, the preparation for an initial public offering (“IPO”) can be a challenge as it requires careful consideration of the pros and cons, a thorough understanding of the process, a well thought-out business plan and strategic orchestration of action and positioning. PwC will bring our extensive experience in strategic reviews, private fund raising and financial structuring to assist you in the following ways:
  • pre-flotation review and advisory;
  • listing preparation; and
  • post listing services

ii) Deal advisory

For mergers & acquisitions (M&A), joint-ventures, divestments, management buy-ins/buy-outs, private equity fund raising, we provide Lead Advisory and Deal Support for both buyers and vendors to help you maximise your deal value throughout the entire transaction.