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China to use Anti-Unfair Competition Law in crackdown on overdue payments

By Yonnex Li ( August 25, 2026, 07:38 GMT | Insight) -- China will step up enforcement of its Anti-Unfair Competition Law to tackle overdue payments to companies, escalating a long-running campaign to ease liquidity strains on the country's private sector. A recent survey by global trade credit insurer Coface found that 86 percent of Chinese suppliers experienced late payments, with delays averaging 73 days.China will step up enforcement of its Anti-Unfair Competition Law to tackle overdue payments to companies, escalating a long-running campaign to ease liquidity strains on the country's private sector....

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