I heard that the Chinese don’t get paid until it lands on the wharf. Hit them in the hip pocket. While Evergrande is an issue, it’s the millions of other like companies that are the worry. It will be like a domino effect. Combined this with their (power) electricity failure happening now the new flooding of the Yangtze and other crisis.
I heard that the Chinese don’t get paid until it lands on the wharf. Hit them in the hip pocket. While Evergrande is an issue, it’s the millions of other like companies that are the worry. It will be like a domino effect. Combined this with their (power) electricity failure happening now the new flooding of the Yangtze and other crisis.
It's just like most other international B2B transactions. You send them money, they verify it, and then they send the goods.