Mr Shan, an old hand at evaluating Chinese firms, says the World Bank is “deluded”: most Chinese firms make little profit, their margins are being eroded, and their investment boom is being financed largely by lending from state-controlled banks.
Mr Shan, an old hand at evaluating Chinese firms, says the World Bank is “deluded”: most Chinese firms make little profit, their margins are being eroded, and their investment boom is being financed largely by lending from state-controlled banks.
单伟建对中国企业了如指掌，他指出世行被数据的表面给“迷惑”了：事实上中国企业的利润越来越少，利润空间也越来越小，而企业的投资增长很大程度上依赖于向国有银行的贷款。