Taiwanese leasing firms struggle with deflation in China

ec.ltn.com.tw (Chinese)

Taiwanese leasing companies operating in China are facing economic deflation, impacting their profits. Yurong has reduced its operations by exiting the car loan market, focusing solely on equipment leasing. However, its profits from China have significantly decreased. Hoorun's main leasing business is showing declining profits and may incur its first loss in China this year. Zhongzu's profits have also fallen, and its non-performing loan ratio has risen.


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Taiwanese leasing firms struggle with deflation in China | News Minimalist