S&P Global Ratings warned last week that the global resurgence of Covid and China's zero-tolerance approach may further strain companies if outbreaks continue to lead to disruptions.
The firm warned in a report last week that the global resurgence of Covid and China's zero-tolerance approach may further strain companies if outbreaks continue to lead to mobility restrictions and disruptions broadly. "Higher leverage, weaker cash flows, tighter liquidity, and volatile financing conditions are biting. And all this is occurring amid unprecedented distress events and regulatory actions," they said.
Ok. China, with just scores of cases everyday, is in really bad shape. Meanwhile, the US, with 1,000+ people dying of covid everyday, is in fantastic shape. You guys are losing your mind.
LiveSquawk Why does the media wish for covid outbreak in China?
Are you suggesting it is better to just let people die?
Evil chinese communist party(NOT CHINESE PEOPLE)hid and lied about the CPC VIRUS and of its serious consequences. This rogue regime must be accountable for the total losses of ALL countries. chinese communist party CPC must be eliminated for a better life of all world people.
jesus fucking christ
china_takes 😂
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