"Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery,” the Financial Times reports.
"Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery,” the Financial Times reports.
if their accounting was trustworthy they wouldnt be in this situation.
China reminds me of people who cheat at video games and forget how much that makes up their playstyle when they go over to someone else’s house and can’t cheat.