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Chinese Companies are Turning Japanese

Bloomberg business news

Why Are Chinese Companies Saving More Cash?

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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.