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Let wish next qr not losses over 150m again . If not , cash flow less , need to borrow more to maintain high revenue , but more borrow , more interest to pay .
BEIJING - China's industry ministry has convened petrochemical companies producing fibres and plastics used to make clothing and bottles, aiming to address over-capacity in the sector.
The meeting will be held on Wednesday and deal with "involution," a Chinese word that means relentless competition that destroys profits, among producers of purified terephthalic acid (PTA) and its downstream product, bottle-grade polyethylene terephthalate (PET) chips, according to a notice from China's Ministry of Industry and Information Technology (MIIT) dated October 27, circulating on social media.
Now debts 11300m , each month pay interest 100m , another 9 months maybe debts become 13000m . Next qr loss 400m , another qr loss 300m sure debts increase 1000m again .