Tag: Bankruptcy
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China’s 400-Year-Old Knife Brand in Crisis: The Zhang Xiaoquan Story
Uncover the dramatic story of Zhang Xiaoquan, China’s iconic 400-year-old knife maker, now battling financial ruin after debt-fueled expansion and PR disasters.
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When Electric Car Companies Collapse, Cars Sold Become Scrap
Chinese electric vehicle (EV) company, Weltmeister, faces rumors of financial troubles and insolvency, causing a decline in the company’s reputation and a severe impact on its customer service. The company’s struggle has affected the resale value and functionality of their vehicles, while instilling consumer doubt and hesitation towards new entries into the rapidly growing EV…