China’s construction industry is reeling from a wave of defaults and financial turmoil as delayed payments and rising bad debts cascade through the sector. Once fueled by a booming real estate market, construction firms are now struggling with unpaid bills and shrinking liquidity.
In Depth: Mounting Debt Defaults Fuel Crisis in China’s Construction Industry
2024年09月27日 16:22
Firms are struggling amid unpaid bills, shrinking liquidity and the real estate slump
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