25
Oct
15:12
Weltmeister may face serious financial crisis
It is said that new energy vehicle company Weltmeister will start a series of actions to survive under distressed financial situation, according to anonymous sources who are familiar with the company, Kallanish learns.
Some insiders told several mainstream Chinese media outlets the company will require a 50% cut of its high-level management's salaries. In addition, starting in October, it will only pay non-management staff members 70%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous