Corporate China hit by unpaid bills
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Corporate China hit by unpaid bills

Beijing : China | Oct 30, 2012 at 9:34 PM PDT
Source: CNN
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A Financial Times analysis revealed that 66 per cent of listed Chinese companies that have reported third-quarter results showed a year-on-year increase in such unpaid bills -- called accounts receivable in accounting -- as a proportion of sales, according to the S&P Capital IQ database. FULL ARTICLE AT CNN
 
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