Evergrande Fallout Seen in Unpaid Bills for Small Chinese Firms

  • Date: 11-Dec-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Gulf
  • Who else needs to know?

Evergrande Fallout Seen in Unpaid Bills for Small Chinese Firms

(Bloomberg) -- The defaults and slow-moving crises of companies in China’s property sector isn’t just hurting bond-holders and people waiting for their apartments - thousands of small suppliers of everything from tiles to cleaning services are waiting to get paid by the likes of China Evergrande Group.

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