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World News@quokk.au · 2 months ago

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

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

veggibles@lemmy.wtf to

World News@quokk.au · 2 months ago

4

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

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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𝓜𝓲𝓪@quokk.au
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2 months ago
“Zombies”, “Headshots” - they knew what they were doing with that headline.

World News@quokk.au

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