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Hong Kong (CNN) — Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights the
Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights…
Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights…
Get latest articles and stories on Business at LatestLY. The city's finance bureau said in a Friday statement published by the official Changjiang Daily newspaper that a total of 259 companies and entities owed it more than 100 million yuan (USD 14 million) combined. It urged them to pay their overdue debts as soon as possible. Business News | Wuhan Pressing Hundreds of Chinese Firms to Repay Their Debts in Rare Public Warning: CNN Business.
Largest city in central China -- Wuhan -- has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights th