(Bloomberg) The world’s four biggest accounting firms said a planned pro-democracy sit-in protest in Hong Kong’s business district may lead to an exodus of firms, hurting the economy.
Organizers of Occupy Central with Love and Peace, who are against China’s plans to vet candidates for elections in the city, should resolve the differences through negotiations, KPMG LLP, Deloitte LLP, Ernst & Young and PricewaterhouseCoopers said in a joint statement published today in the Hong Kong Economic Journal newspaper.
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