World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
As Factories Fail, China's Business Law Does, Too
Keywords:
Tags:
As factories fail and owners flee China, leaving behind unpaid suppliers, the suppliers are ripping up all the equipment to pay what they are owed. The lack of good bankruptcy laws makes the situation ugly, see pictures.
The impact of the 2008 global financial crisis on China, with the steep drop in exports to the U.S. and European Union
01/14/2009
Expecting a wave of bankruptcies in the manufacturing sector companies reduce imports and layoff employees. In 2007 exports measured in yuan were growing at about 30% a year, in Jan. 2009 the exports dropped by 9% from the prior year- a huge shock for the manufacturing sector in China. Millions of workers head home back to rural areas on trains. The outlook is grim.
Grouped Articles
Trade Losses Rise in China, Threatening Jobs
New York Times 01/14/2009
Global Trade Posts Sharp Decline
Wall Street Journal 01/14/2009
Economist 01/15/2009
As Factories Fail, China's Business Law Does, Too
BusinessWeek 04/02/2009
February-April 2009, a quarter in the life of the 2008 global financial crisis- lest it be forgotten!
02/07/2009
Grouped Articles
Economy Shed 598,000 Jobs in January
New York Times 02/07/2009
In the Red, Toyota Sees Loss Tripling
New York Times 02/07/2009
Furloughs in California Close Many State Offices
New York Times 02/07/2009
Soaring Job Losses Drive Stimulus Deal
Wall Street Journal 02/07/2009
Senate Reaches $780 Billion Compromise Package
Wall Street Journal 02/07/2009
Ireland's Boom Falls Hard in Global Crisis
Wall Street Journal 02/07/2009
China in the global financial crisis of 2008.
10/20/2008
The impact of the global slowdown on China's economy and the impact of China's slowdown on the USA, Germany, Japan and South Korea and other countries.
Grouped Articles
Chinese Bank Regulator Warns of Loan Risks
Wall Street Journal 06/17/2010
Trade Losses Rise in China, Threatening Jobs
New York Times 01/14/2009
South Korean Exports Take Massive Hit
Wall Street Journal 02/02/2009
Tax Cut Spurs 25% Rise in Chinese Auto Sales
Wall Street Journal 03/11/2009
As Factories Fail, China's Business Law Does, Too
BusinessWeek 04/02/2009
New York Times 04/03/2009
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us