PwC has lost five Chinese clients in May, contributing to over a dozen firms it stopped auditing in China in the past two years. This comes as the company faces scrutiny amid a major financial fraud investigation. Additionally, PricewaterhouseCoopers LLP could potentially face a fine exceeding 1 billion yuan, surpassing a previous penalty on Deloitte Touche Tohmatsu. In response to U.S. firms recruiting partners from U.K. firms, British outfits are implementing financial penalties to deter the exodus, a move that experts caution could have negative long-term consequences.