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Economic uncertainty left companies only tentatively deploying their cash stockpiles.
The sheer scale of cuts may have left companies in need of more workers because the cuts were overdone.
This has left companies unsure about how to proceed with the investments they need to stay viable, said Martin.
Beijing has been "fine-tuning" monetary and fiscal policy since last autumn, when a softening of demand from the European Union — China's biggest export market — and the effects of domestic policy tightening had left companies struggling.
Regulators may also be wary of action that involves going after auditors, since the prosecution and collapse of Arthur Andersen left companies with few big accounting firms to choose from.
His critics say currency controls have left companies unable to obtain imported machine parts and raw materials while price controls have made it unprofitable to produce many basic consumer goods.
Similar(33)
Left company to sons Eyal and Idan.
People leave companies for two reasons.
That could leave companies with a sicker, less productive workforce.
Leaving companies to fend for themselves is often the best recipe for success.
You state that bankers during the dotcom bubble underpriced IPOs, leaving companies short-changed.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com