Professor Fan concurs that China's banking system "has become a loss-making enterprise" whose capital base will rapidly be depleted during any slowdown in economic growth.

Tanaka entered the steel business by taking over this loss-making government-run enterprise.

For the entirety of its early life, the channel continued to be a loss-making enterprise, losing £10 million in 1987.

The directors made it clear they could not continue funding a loss-making enterprise, and suggested that a reduction in players' wages was the only course of action.

He made it clear that the directors could not continue funding a loss-making enterprise, and the only viable solution was to reduce the wage bill.

Commentators noted the burden this would place on inefficient, loss-making enterprises.

Moreover, loss-making Spanish public enterprises have been subject to specific pay bands lower than those for profitable companies.

Because devaluation can cut labour costs, it can make a loss-making enterprise profitable.

He moved to Ningbo glove factory, a loss-making enterprise, and turned it around in two years.

That is, distributing taxpayers' money to loss-making enterprises.