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China sees highest level of corporate overdue payments since 2010

Recurso electrónico / electronic resource
Section: Electronic documents
Title: China sees highest level of corporate overdue payments since 2010
Publication: Paris : COFACE, 2014Notes: Sumario: Payments that are over 6-months late are considered as highly risky. From Coface's experience, there is an 80% chance that these overdue payments will not be paid at all if this is the case. Moreover, if the amount of overdue payments exceeds 2% of a company's total sales, it is likely that these companies will have liquidity problems. This is the case of 33% of companies interviewed a sign of a severe liquidity problems and a high risk of non-payment to their suppliers or borrowing banks or institutionsMateria / lugar / evento: Gerencia de riesgos Impagos Factores de riesgo Mercados emergentes China Otros autores: COFACE
Secondary series: Panorama Other categories: 7