# Private Enterprise
Latest news and articles about Private Enterprise
Total: 2 articles found
Business
Cracks in the Foundation: A Zhejiang Construction Giant Faces Liquidity Crisis
Zhejiang-based Longyuan Construction Group has defaulted on 1.1 billion yuan in debt and expects a massive 2025 net loss of up to 1.5 billion yuan. The company’s crisis, marked by frozen bank accounts and regulatory warnings, illustrates the severe financial pressure facing private Chinese construction firms.
NeMo2026年4月14日 12:28
#Longyuan Construction#China Infrastructure#Debt Default
Business
China’s Industrial Engine Finds New Gears as High-Tech Surge Offsets Automotive Woes
China's industrial profits grew 15.2% in the first two months of 2026, led by a massive 58.7% surge in high-tech manufacturing and a recovery in the private sector. While the overall outlook is positive, the data reveals a sharp divide between booming tech industries and a struggling automotive sector.
NeMo2026年3月27日 02:29
#China Economy#Industrial Profits#High-Tech Manufacturing