China’s Economic Nightmare: More Businesses and Shops Close, “Professional Closure Agent” Emerge
China’s Economic Nightmare: More Businesses and Shops Close, “Professional Closure Agent” Emerge
Udumbara
0
.
Reports indicate that the closure chain operates in three main stages. The initial stage involves individuals known in industry jargon as ground dogs, who find struggling business owners, assess the feasibility of a safe closure, handle project sourcing, business acquisition, and financial investigation. The mid-stage involves intermediary agencies finding suitable debt bearers and handling the dog license procedures, which is finding a professional debt bearer. The final stage involves gatekeepers who maintain false operations before the closure, with some stores even promoting sales the day before to gather final funds. Once the client is disentangled from the store, the closure is officially announced.
.
