Part 2/11:
Recently, Bloomberg published an important analysis titled, "China Forced to keep unprofitable firms alive to save jobs and avoid unrest." The crux of the report centers on China's economy, which is increasingly leaning on state support to sustain thousands of unprofitable industrial companies as a way to avoid mass layoffs and maintain social stability. With rising social tensions and a slowing economy, Xi Jinping's leadership faces a tough balancing act.