Cash-strapped Chinese suppliers staying credit-conscious in 2025: survey

Quick Summary:

With China’s economy still in recovery, firms are less likely to extend credit for sales as many of their outstanding payments remain unfulfilled.

About 44 per cent of respondents reported overdue payments, down from 62 per cent in 2023.

As they lengthen payback periods, however, fewer survey respondents reported delays.

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Article Details

Author / Journalist: Sylvia Ma

Category: Business

Markets: Hong KongChina

Topics: Delays Sales Survey Insurer “this Credit Cent 2023 Firms Respondents Payment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 06:00:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27498442

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Main Topics: Business

Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 44 minutes ago

Coverage Areas: Hong Kong

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Publisher ID: #42

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