Coface China Corporate Payment Survey 2021: Rising Payment Risks in Construction and Energy Sectors Despite Stronger Economic Outlook
- Written by Reporters
HONG KONG SAR - Media OutReach - 26 May 2021 - Overall, the Chinese economy expanded by 2.3% in 2020, being the only major economy to record growth, and Coface expects the GDP to accelerate to a 7.5% growth in 2021. This would be the fastest pace since 2013, and comfortably above the minimum of 6% set by the authorities.
In normal times,...