China’s debt-cutting efforts are sinking private companies

China subsidizes government run companies to keep them competitive on the open market, they have to make that money up somewhere else and the privately owned companies are paying the price.

They're deliberately using their Commie controlled facade of capitalism as a weapon against capitalism, that's one of the reasons Deng Xiao Peng, that curmudgeonly Commie, thought of it, aside from lulling the populace into submission with cell phones, toaster ovens, and creature comforts...his object is completely transparent....

Sorry, their whole goal, typo....