As Chinese companies warily emerge from three years of Covid-19 controls and regulatory crackdowns, there are concerns that another big problem looms — a balance-sheet recession akin to what Japan went through after its boom.
就在經歷了三年防疫控制和監管整頓的企業小心翼翼地恢復活動之際，人們擔心另一個大問題正在迫近：一場“資產負債表衰退”，類似于日本在繁榮期結束后所經歷的情況。
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