In recent months, Shanghai's economy has become even more bleak. Manufacturing activity has shrunk, exports have fallen, and the youth unemployment rate has hit record highs to the point …
5 months, 3 weeks ago
Fri 26th July 2024
[UTC + 07:00]
China’s Delivery King SF Express Faces $15 Billion Debt; Logistics Sector Bleak, Companies Folding
The difficulties faced by China's logistics industry have spread to large enterprises. SF Express, China's leading courier company, is burdened with debts of 100 billion yuan.