In Depth: China Lifts the Lid on Multitrillion-Yuan Corporate IOU Market Industry group has mapped out nearly 2.6 trillion yuan of unregulated financing tools that set off a campaign to fix how big companies pay their suppliers

#China's #profitless economy is starting to show the cracks. Regulators have begun mapping out the opaque market for corporate #IOUs that allows big-name companies like automaker #BYD to defer payments to suppliers on a massive scale via @caixin www.caixinglobal.com/2026-02-13/i...