Chinese companies see delays in getting paid as economy slows

A Chinese national flag flies in front of a building under construction in the central business district of Beijing, China.

Giulia Marchi | Bloomberg | Getty Images

A Chinese national flag flies in front of a building under construction in the central business district of Beijing, China.

Companies in China are increasingly having difficulty getting paid.

The country’s slowing economic growth, tighter credit conditions and rising bond defaults are putting pressure on corporate cash flows, according to a survey by French trade insurer Coface.

Growth in the world’s second-largest economy slowed to 6.6 percent in 2018, the worst showing since 1990. Efforts by…

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