Professional services firms target graduate hiring

Professional services firms KPMG, PricewaterhouseCoopers and Deloitte Touche Tohmatsu each plan to recruit at least 2,000 graduates in China next year in response to demand for tax advice and assistance in dealing with regulations, the Financial Times reported. The companies are also expecting an early domestic recovery to boost demand for their services. “Yes, there is an economic downturn but we can’t afford to take a knee-jerk reaction and stop recruiting,” said John Harrison, chairman of KPMG China. The firms expect growth particularly in litigation, forensic accounting, and restructuring or insolvency.