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

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.