Some Chinese state property developers stiff their suppliers, defying edicts and worsening slump

by He Huifeng at scmp.com State-backed property developers, feeling the pinch in a stagnant market, are not paying suppliers and contractors the balances they are owed Government has urged state firms to settle their debts, but many stall, exacerbating an already painful slide in a major economic sector For two years, Richard Zhang has travelled […]