China's Funeral Service Provider Reports First Loss in a Decade

Imagine a company that helps people with funerals.

This company, called Fu Shou Yuan, is like the 'Moutai of funeral services' in China.

They sell things like burial plots.

Recently, the company lost money for the first time in 10 years.

This is because fewer people are buying burial plots.

The economy is not doing well, and people are being careful about how they spend money.

Also, the government is encouraging cheaper and more environmentally friendly ways to bury people, like scattering ashes.

This is making it harder for the company to make money.

They are also facing more competition in the industry.