BEIJING -- Once the driver of China's meteoric growth, private-sector companies in the country are struggling to bounce back from the pandemic downturn as they lose ground to a bloated public sector.
Profits slide for first time while state-owned companies benefit more from stimulus
BEIJING -- Once the driver of China's meteoric growth, private-sector companies in the country are struggling to bounce back from the pandemic downturn as they lose ground to a bloated public sector.