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In Depth: How Beijing’s Second Covid-19 Wave Knocked Its Business Recovery Off Course

2020年07月02日 19:42 来源于 财新网
Plummeting revenue, high fixed costs and weak financial support have pushed many small companies to the brink of bankruptcy
A masked hairdresser gives a masked customer a haircut in Beijing on Feb. 24.

Things were just starting to look up for Ankit Nayal. On June 5, several months after the coronavirus outbreak forced shutdowns and restrictions that decimated his company’s finances, the Beijing-based gym director finally got the go-ahead to fully reopen.

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