Sunday, July 10, 2022

Guo Guangchang: how China’s Icarus fell to Earth

Guo Guangchang dodged the fate of many of his fellow business tycoons when the Chinese government cracked down on them. But his debt-laden empire is now facing a liquidity crunch.

from Moneyweek RSS Feed https://moneyweek.com/economy/people/605090/guo-guangchang-profile
via IFTTT

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Don’t count resources out

Commodities have performed poorly over the past year, but they tend to move in long and volatile cycles. from Moneyweek RSS Feed https://m...