Part 6/9:
The Private Sector's Fight
The plight of the private sector echoes similar sentiments, as tensions between government expectations and enterprise survival create an uneasy landscape for business leaders. As demonstrated by the recent defaults in private companies, distress signals are evident in corporate failures and financial crises, further isolating workers from job security. High-profile meetings between Xi Jinping and business leaders signal a desperate attempt at salvaging private enterprises, but skepticism lingers regarding the longevity of such alliances.