Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE
Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE

Coronavirus: China’s cash-strapped companies were struggling to get paid even before the pandemic hit

  • Firms in China are facing increasingly long payment terms, with delays becoming more burdensome for cash-strapped companies due to the coronavirus pandemic
  • New research from insurance firm Coface shows the worsening cash-flow picture for many firms at the end of 2019, which will deteriorate as the economy slows

Topic |   Coronavirus pandemic
Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE
Small business owners in China are struggling with delayed payments that have been made even worse by the coronavirus. Photo: EPA-EFE
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