▲ 483 ▼ Biden calls China a 'ticking time bomb' due to economic troubles (ground.news) submitted 3 years ago by Fissionami@lemmy.ml to c/worldnews@lemmy.ml 1042 comments fedilink hide all child comments
[–] PZK@hexbear.net 49 points 3 years ago* (1 child) Reaching levels of copium not thought possible. permalink fedilink source parent hideshow 2 child comments replies: [–] mar_k@hexbear.net 35 points 3 years ago* I love how some of the opening lines talks about interviewing a single Chinese person failing to run a business One entrepreneur interviewed by The Wall Street Journal said that one of his businesses, a distributor for LED screens based in Shenzhen, is suffering from widening losses as overseas orders dry up, leading him to slash prices to compete for domestic clients. Having laid off more than 50 out of 120 staff since 2022, he said he is contemplating whether to shut the business this year. permalink fedilink source parent
[–] mar_k@hexbear.net 35 points 3 years ago* I love how some of the opening lines talks about interviewing a single Chinese person failing to run a business One entrepreneur interviewed by The Wall Street Journal said that one of his businesses, a distributor for LED screens based in Shenzhen, is suffering from widening losses as overseas orders dry up, leading him to slash prices to compete for domestic clients. Having laid off more than 50 out of 120 staff since 2022, he said he is contemplating whether to shut the business this year. permalink fedilink source parent