Will e-commerce in China overtake U.S. e-commerce in five years, as PwC has predicted, and will China become the largest IPO market this year?

FORBES: Americans Adopt Chinese Web Habits

PwC is doing well in China.

FORBES: For PricewaterhouseCoopers, China Accounting Scandals Not A Game Changer

PWC's office in Guangzhou, China.

ECONOMIST: Business ethics

PwC India, and perhaps Deloitte Touche Tohmatsu in China, legally control their own destinies.

FORBES: A Legal Secret Weapon May Help Hold Deloitte US Firm Liable for ChinaCast Fraud

According to Anfavea and PricewaterhouseCoopers (PwC), production costs in Brazil are 63 percent more expensive than they are in China, 40 percent more than they are in Mexico and 60 percent more than they are in India.

FORBES: Why Chryslers Are So Crazy Expensive In Brazil

The dominant member firms in the PwC network, as evidenced by the current membership of their Network Leadership Team, are the US, UK, China, and Germany.

FORBES: Is PwC Conspiring To Evade Liability For Frauds In Iceland and India?