• 11/27/2024

Some Chinese state property developers stiff their suppliers, defying edicts and worsening slump

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Several of China’s major property developers have been delaying payments to small private suppliers or contractors – in direct contradiction to high-level instructions imploring their debts be settled promptly.

https://www.scmp.com/economy/china-economy/article/3246382/some-chinese-state-property-developers-stiff-their-suppliers-defying-edicts-and-worsening-slump?utm_source=rss_feed