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September 19, 2010

PwC China to invest $100m in staff

PricewaterhouseCoopers (PwC) plans to invest $100m in staff training and recruiting in China in the next three to five years, according to local media reports.

The investment follows an increasing demand for professional financial services talent in the emerging market. 

PwC Shanghai lead partner Nora Wu said during the World Economic Forum last week that China and India present great opportunities as indicated by their outperformance of developed markets during the global recession.

PwC China has recruited an average of 2,000 graduates per year during the past five to six years.

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