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many china SMEs near bankrupt
24-06-2022, 12:28 PM
Even many small banks also going to close shop.
China will not see another 20 years of high growth.
China will not see another 20 years of high growth.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
24-06-2022, 12:29 PM
How many is "many"?
In old Sgtalk, moronic Rat claimed that millions of China's companies had already collapsed!
Now how many more millions are collapsing?
In old Sgtalk, moronic Rat claimed that millions of China's companies had already collapsed!
Now how many more millions are collapsing?
24-06-2022, 12:33 PM
(24-06-2022, 12:29 PM)cityhantam Wrote: How many is "many"?
Heard banks more than above 80% need to close shop.
China currently have 4000 banks. Now it only need less than 800 banks due to slower and stable growth.
This is an economy cycle.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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