PwC takes China's positives into account

China unit chief Raymund Chao is keen to adapt to the new normal of economy

For the past 23 years, Raymund Chao, 54, chairman of PricewaterhouseCoopers Greater China, has been working in the country with the network that offers professional services like auditing, assurance, tax and management consulting. As its leader, he is now keen the company must make a difference to the community.

The seeds of that intent may have been sown in 1992. Just after then paramount leader Deng Xiaoping toured southern China to emphasize economic reforms and liberalization, Chao returned from Canada to Hong Kong, his place of birth and childhood.