Zombie Companies. It is the term for companies that continue to operate even though they are insolvent or near bankruptcy. Most analysts expect zombie companies to be unable to meet their financial obligations. Zombie companies have been mentioned as one of the many reasons of China's economic slowdown. "In current circumstances, it is impossible to expect a V-shaped economic recovery, while an L-shaped growth period will be more likely," an analysis by an authoritative figure in Chin...read more
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