Toronto Star

1.8 million layoffs the cost of China’s zombie factories
Toronto Star
The so-called zombie, or walking dead, factory is the visually arresting image to latch on to. Hobbled, debt-ridden operations kept alive in order to roll over unsustainable debt. A New York Times reporter wrote an eerie dispatch from Changzhi, in
China Begins to Tackle Its ‘Zombie‘ Factory ProblemWall Street Journal
Massive layoffs coming as China confronts its overbuilt ‘zombie economy’CBC.ca
China Readies Plan to Confront Its Zombie ProblemNasdaq
Nikkei Asian Review –News.Markets
all 1,148 news articles »

Brought to you by Google News. Read the rest of the article here