Skip to content
Subscriber Only

Chinese Companies are Turning Japanese

Bloomberg business news

Why Are Chinese Companies Saving More Cash?


Chinese companies are swimming in cheap cash. Problem is, they're not spending it.

A reluctance to invest is frustrating policy makers after they unleashed a wave of cheap credit in an effort to stoke growth. Rather than build new plants or hire additional staff, corporates are opting to park money at the bank - or send it overseas through buying foreign assets.