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Economics focus: Profits and prophecies

机译:经济学重点:利润和预言

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摘要

It may be the world's fastest-growing economy, but do China's firms make healthy profits? This is the subject of a lively debate among economists, investors and businessmen. According to the conventional wisdom, Chinese companies use capital inefficiently and have enormous overcapacity. As a result, profit margins are thin and falling, and heavy borrowing to finance unprofitable investment puts the banking system at risk.
机译:它可能是世界上增长最快的经济体,但中国的公司是否能赚取可观的利润?这是经济学家,投资者和商人之间激烈辩论的主题。按照传统观点,中国公司对资本的利用效率低下,产能过剩巨大。结果,利润率微乎其微,下降,大量借贷为无利可图的投资提供资金,使银行体系面临风险。

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