""Information asymmetry among companies and between SMEs and lenders is the main culprit of the financing problems.

Smartphones are the biggest culprit, contributing 5.66 billion yuan in losses.

While some may point to imports from China as the primary culprit behind declining employment in the US manufacturing sector, this article explores four key factors that present a more nuanced perspective.

Some Western countries' protectionism is the main culprit behind inflation.

Simply put, protectionism impedes international trade, debilitates the specialization and division of labor, lowers productivity and is the archenemy of unfettered global industrial chains and is therefore a chief culprit behind inflation.

In summary, the chief culprit behind this round of inflation is US protectionism.

In other words, this round of global inflation is man-made and the US is the chief culprit.

Plastic varieties can take centuries to decompose into particles, while newer versions are designed to quickly biodegradeFor bubble tea buff Ding Yi, it's the third time this week that his drink tasted like wet cardboard, with the culprit being a paper straw.

But Chinese citizens are demanding cleaner air, and coal-fired power plants are viewed as the major culprit of PM 2.5, small particles that may damage the lungs.

The China Association of Automobile Manufacturers said carmakers' combined sales in the country were estimated to have fallen 13.8 percent year-on-year to around 1.82 million in July, with chip shortages a major culprit.

Chen Shihua, deputy secretary-general of the association, said the major culprit was the lingering chip shortages throughout the global auto industry.

Bargains and discounts of China-made Hyundai and Kia models have been the culprit of the carmaker's deteriorating image and falling sales over the years.

Analysts said the poor performance at its joint venture with Ford was the main culprit.

GM said the poor reception of its new three-cylinder engine models was one factor, but the biggest culprit was China's softening overall market.

"Made in Japan" used to mean reliable quality, but the positive connotation has been dealt a severe blow in recent years after a run of various product scandals, with Kobe Steel the latest culprit.

Some 60 percent of drivers in China have experienced distraction while driving, with their mobile phone the biggest culprit, according to a survey by Ford Motor Company and Tsinghua University.

South Korean newspaper Chosun Ilbo attributed Chinese customers' reaction to South Korea's decision to deploy a Terminal High-Altitude Area Defense from the United States, yet industry insiders say the incident may have had an effect, but that the real culprit of the fall lies in Chinese automakers' growing competitiveness, as evidenced by their market share of the country's passenger car market.

The property sector slowdown is the chief culprit, as it accounts for nearly 30 percent of the country's GDP.

The likely culprit seems to be profit-taking.

Bill financing, a kind of short-term and low-interest loan, was cited as the culprit for increased financial arbitrage.