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China's SMEs struggling to stay afloat despite Beijing's efforts to restart economy

Published Mon, Mar 9, 2020 · 09:50 PM

Beijing

A BUSINESSWOMAN who owns 11 restaurants in Beijing is getting ready to file for bankruptcy, no thanks to the Covid-19 virus that has crippled nearly every sector in China, including the food and beverage industry.

Nine of her outlets have shuttered indefinitely, while the other two have stayed operational by offering a delivery meal service for the past month.

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