Companies marred with overdue payments suggest China's slow economic recovery

May 12, 2022

Beijing [China], May 13 : With China's economic growth projected slow in 2022, a payment survey by Coface, China's credit insurance group, shows that...

China, Pakistan power plant dispute at breaking point over non-payment issue

Mar 16, 2022

Islamabad [Pakistan], March 16 : As China halts the multi-billion dollar China-Pakistan Economic Corridor (CPEC) over differences in cost estimations and contractual disputes with...

Maharashtra state electricity distribution has pending bills of Rs 89321 crore as of March 2024: Devendra Fadnavis

Jul 01, 2024

Fadnavis stressed the importance of regular bill payments stating that if there are significant overdue amounts, the power supply to the consumer is cut...

Chinese companies haven't paid Laos workers for over 6 years

Nov 18, 2021

Vientiane [Laos], November 18 : Laos workers who were hired by Chinese companies for construction projects, undertaken six years ago are still waiting for...

'Chinese firms exploiting workers overseas, multiple reports of violations pour in'

Dec 04, 2021

Beijing [China], December 4 : Chinese companies are exploiting workers overseas with multiple reports of violations pouring in from areas including Laos, where workers...

Pakistan's coal crisis looms large amid pending payments to Chinese plants

Aug 15, 2022

Islamabad [Pakistan], August 15 : Even after clear orders by Pakistani Prime Minister Shehbaz Sharif, the country's government is unable to resolve the key...