BYD pushes payment to suppliers to 275 days. Borrowing from the supply chain hides their debt burden and creates conditions that may cause a systemic collapse, taking their suppliers with them.
BYD pushes payment to suppliers to 275 days. Borrowing from the supply chain hides their debt burden and creates conditions that may cause a systemic collapse, taking their suppliers with them.
Thank you. I didn’t like the title bit the content really gives a good look at Chinese EV economics.