TOKYO -- Nearly a quarter of Chinese listed companies reported net losses for the nine months through September, the highest share in data going back to 2002, weighed down by overproduction and sluggish domestic demand.
Roughly half of real estate, solar companies in the red while chipmakers flourish
People near a shopping mall in Beijing. Domestic demand has been slow to recover the COVID-19 pandemic. © Reuters
TOKYO -- Nearly a quarter of Chinese listed companies reported net losses for the nine months through September, the highest share in data going back to 2002, weighed down by overproduction and sluggish domestic demand.