Treasury practice: working capital management
Apr 27, 2018
Chasing payment still a challenge in China: Fitch
While they have reduced accounts receivable days, some Chinese companies must improve working capital management to hasten collection of cash payment from sales, Fitch Ratings says.
Some Chinese companies are still struggling to collect cash and the situation is here to stay amid weakened sales due to industrial over-capacity, according to the latest research from Fitch Ratings.
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