China sees highest level of corporate overdue payments since 2010
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| 001 | MAP20140009237 | ||
| 003 | MAP | ||
| 005 | 20140704120650.0 | ||
| 008 | 140313s2014 fra|||| ||| ||eng d | ||
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| 245 | 0 | 0 | $aChina sees highest level of corporate overdue payments since 2010 |
| 260 | $aParis$bCOFACE$c2014 | ||
| 520 | $aPayments 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 institutions | ||
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| 651 | 1 | $0MAPA20080644178$aChina | |
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