Hong Kong — China’s attention-grabbing crackdown on real estate developers, tech companies and other private companies is beginning to weigh on domestic business activities and increase financial risk, and Beijing’s campaign could harm the wider economy I am enhancing the sex.
For the past year China has taken a number of regulatory measuresIt affects a variety of industries, including fines and other penalties, to reduce inequality, curb excess debt, and force businesses closer to the Communist line. Beijing officials have signaled that the strong recovery from Covid-19 has provided an opportunity for action and has made it possible to tackle social and economic imbalances without compromising the overall growth trajectory.
China’s regulatory storm risk causes broader economic damage
Source link China’s regulatory storm risk causes broader economic damage