China Inc. has $1t in cash that it’s too scared to spend

China Inc. has $1t in cash that it’s too scared to spend

A woman stands on an overhead bridge near the construction site of "Kaisa Plaza", then named "Changan No. 8" (L), on a hazy day in Beijing's central business district in this July 28, 2012 file picture. REUTERS/Jason Lee/Files

Never before have China’s companies had so much cash and so little to spend it on.

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