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veggibles@lemmy.wtf to World News@quokk.au · 2 months ago

China targets ‘zombies’ with regulatory headshots to kill off subsidised laggards

www.scmp.com

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China targets ‘zombies’ with regulatory headshots to kill off subsidised laggards

www.scmp.com

veggibles@lemmy.wtf to World News@quokk.au · 2 months ago
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China targets ‘zombies’ with regulatory headshots to kill off indebted laggards
www.scmp.com
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Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.
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    2 months ago

    good to clarify… it beens weeks since our last pandemic, so was kinda waiting for something!

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