FOUR CHINESE ENTREPRENEURS RECENTLY JUMP TO THEIR DEATHS – IS CHINA’S ECONOMY CRASHING?
https://joehoft.com/four-chinese-entrepreneurs-recently-jump-to-their-deaths-is-chinas-economy-crashing/?utm_source=rss&utm_medium=rss&utm_campaign=four-chinese-entrepreneurs-recently-jump-to-their-deaths-is-chinas-economy-crashing
…Xiao Yi, a London-based Chinese finance professional with 30 years of experience in the industry and a China watcher, shared his analysis of the four deaths with the Chinese edition of The Epoch Times, where he is a regular contributor. Although the deaths occurred in different sectors, Xiao said he believes that it reveals common underlying pressures strangling China’s private sector, which includes collapsing cash flows, mounting debt, policy uncertainty, and the erosion of public trust.
He noted that China’s ballooning local government debt has crowded out private-sector financing. While state media champion slogans like “supporting the real economy,” capital is disproportionately funneled to state-owned enterprises (SOEs), leaving private firms informally blacklisted from loans. Continue…