At least eight Chinese automakers pledge to pay suppliers within 60 days-February 2024-www.financetom.com

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 (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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