A new six-month cap on supply chain financing exposes the toll of unpaid local government bills on state contractors
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Chinese regulators are escalating a crackdown on delayed payments to small and midsize enterprises (SMEs), exposing the sprawling impact of local government debt on the broader economy.
Move aims to ease funding squeeze on small and midsize enterprises amid economic slowdown
Market attention shifts to harder-to-resolve LGFV debt ahead of 2027 deadline
Delegating approvals to provinces has accelerated fundraising, but a flaw in local government financing lingers
Industry group reviews first batch of platforms as corporate self-built systems face phase-outs
The proposal from two industry associations echoes government efforts to ease financial strain on upstream companies and comes as…
Regulator tightens rules on shell companies, stock sale taxes and e-commerce platforms to curb regional competition for…
