Easy access to funds had long fueled growth for mainland Chinese firms but a concerted campaign by authorities to rid the financial system of excessive liquidity and rein in an irrational corporate expansion is taking its toll.
from Latest News Business on Firstpost https://ift.tt/2Fx5Iro
Thursday, 15 November 2018
China Inc's profit growth falls sharply due to funding woes, trade war; bruising of consumer confidence adds pain
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