China's Changan denies arbitrarily cutting payments to suppliers

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China's Chongqing Changan Automobile (000625.SZ), in a statement sent to Reuters on Wednesday, denied allegations reported in local media that it had arbitrarily cut payments to suppliers by 10%.The state-owned automaker said it was normal to negotiate pr

China's Chongqing Changan Automobile (000625.SZ), in a statement sent to Reuters on Wednesday, denied allegations More... https://www.emirates247.com/business/corporate/china-s-changan-denies-arbitrarily-cutting-payments-to-suppliers-2023-06-07-1.712755