Last update: December 9, 2024
A recent survey shows that an uncertain economic outlook and subdued demand weigh on Chinese private businesses. Over 63.3 percent reported that they had suffered losses or a profit decline.
According to the South China Morning Post, uncertain economic prospects and dampened demand weigh on Chinese private companies. It cites a survey by the independent Beijing research institute Dacheng, which published the results of the survey on its WeChat account on Thursday.
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