huddle for warmth 抱团取暖 bàotuán qǔnuǎn

the more the merrier
Firms forced to merge in the wake of the 2008 financial crisis were said to ‘huddle together’ against bankruptcy. Resurfacing in late 2020-early 2021, the meme now spotlights weak, local small and medium banks. Localities urge unity in their banding to ward off solitary collapse. Partners should be chosen carefully, experts are quick to warn, to keep risk dispersed and governance prudent.
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