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China cracks down on big firms delaying payments to cash-strapped SMEs

  • Posted on September 15, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
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China cracks down on big firms delaying payments to cash-strapped SMEs
China cracks down on big firms delaying payments to cash-strapped SMEs

New rules require large companies to pay suppliers within 60 days, with penalties for deliberate delays and incentives for clearing backlogs.
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Author
South China Morning Post

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