2023 Coface China Corporate Payment Survey : Companies Report Shorter Payment Delays In 2022 And Expect Higher Economic Growth In 2023
- Written by Reporters
Hong Kong SAR – Media OutReach - 23 May 2023 -
- Coface' surveyshows that fewer firms encountered payment delays in 2022. 40% of respondents reported overdue, down from 53% in 2021. The average payment delay was shortened from 86 to 83 days in 2022.
- Fewer companies faced ultra-long payment delays (ULPDs).
- Chemicals appeared the most...