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World News@quokk.au · 1 month 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 · 1 month 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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lightsblinken@lemmy.world
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1 month ago
good to clarify… it beens weeks since our last pandemic, so was kinda waiting for something!

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