Logo 07 Apr 2020

SMEs shut their doors

If you’ve been reading the Tip Sheet, you already knew Q1 was rough, especially for SMEs.
Now there are numbers to back it up:

Corporate registration data shows over 460,000 firms permanently closed in Q1.

That’s brutal. And it probably underestimates the extent of firm closures.

A number of...

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.