ERNST & YOUNG CHINA REVENUE UP 41%

AsiaInfo Services, December, 2007

AsiaInfo Services 12-07-2007 Ernst & Young China Revenue Up 41% BEIJING, Dec 07, 2007 (SinoCast via COMTEX) -- Ernst & Young, one of the world's Big Four accounting firms, said on December 5 that its revenue for the fiscal year ended June 30, 2007 in Mainland China, Hong Kong and Macao rose 41%, higher than that of the Ernst & Young global business. Besides enlarging the investment in the country, the company plans to set up four new representative offices in North China and Central China, revealed Jim Turley, chairman and CEO of Ernst & Young. As a member of Ernst & Young, Ernst & Young China currently has about 8,000 staff, soaring 30% from a year ago.

The figure is expected to be lifted to 11,000 by 2010. Statistics show that the...

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