Ious news and trends

Chinese Firms Grappling With $200B+ IOUs

August 07, 2019
china-trade-war-us
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Chinese Firms Grappling With $200B+ IOUs

August 07, 2019
The intensifying U.S. trade war with China has triggered an economic slowdown and cash shortage, with Chinese businesses forced to accept IOUs, The New York Times reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]