Domestic mergers. When the Big Four accounting firms enter China, they must merge with a domestic firm. Huazhen merged with KPMG. KPMG Huazhen is the full name of KPMG's branch in China. This is why KPMG is called Huazhen. KPMG was founded in 1897 and is headquartered in Amsterdam, the Netherlands. It is a professional services organization with a global network, specializing in providing audit, tax and consulting services. KPMG is also one of the four major international accounting firms, along with PricewaterhouseCoopers, Deloitte and Ernst & Young.