China’s corporate borrowing soars and cash flows deteriorate, independent survey shows

China’s corporate borrowing soars and cash flows deteriorate, independent survey shows

Jiangsu Pilot Free Trade Zone Lianyungang Area on November 28, 2019 in Jiangsu Province of China.
Wang Chun | VCG | Getty Images

China’s fourth-quarter economic growth may have been “the weakest of 2019” — but it still showed an improvement compared to the previous quarter and to the same period a year ago, a business survey released on Thursday showed.
Manufacturing and services saw the strongest…

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