Thursday 13 December 2018
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theepochtimes - 28 days ago

Chinese Firms’ Mounting Stress: Funding Woes, Shrinking Profit Growth, Trade War

SHANGHAI/BENGALURU—Chinese firms profit growth has fallen sharply while debt levels have recorded a rare drop, a Reuters analysis of earnings data shows—signs of strain brought on by Beijing s crackdown on leverage as well as a trade war with the United States. Easy access to funds had long fueled growth for mainland Chinese firms but a [ ]

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