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At least eight Chinese automakers pledge to pay suppliers within 60 days

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At least eight Chinese automakers pledge to pay suppliers within 60 days

Jun 10, 2025 7:19 PM

SHANGHAI, June 11 (Reuters) - At least eight Chinese

automakers, including industry leaders BYD, Chery

and Geely, have published statements since

late Wednesday saying they would pay their suppliers within 60

days.

The regulation, effective June 1, requires big companies

settle payments with suppliers within 60 days after they deliver

commodities, engineering and services.

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