China in your hands, BDO?
BDO INTERNATIONAL produced solid growth figures for its international network today – but some its regional members are more equal than others.
The network’s revenues for the year ending 30 September 2010 grew nearly 5% to €3.9bn, said BDO International chief Jeremy Newman (pictured).
However the firm pointed out that its China operations grew 65% to €149m over that period.
A quick calculation shows that more than half of the global network’s growth came from that one country over the period.
Firms are strengthening their foundations with BRIC, it would seem.