Gordon G. Chang(@GordonGChang) 's Twitter Profileg
Gordon G. Chang

@GordonGChang

author of The Coming Collapse of China, The Great U.S.-China Tech War, and the just-released China Is Going To War

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linkhttp://www.gordonchang.com calendar_today04-06-2010 16:23:14

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’s makers, including , are taking longer to pay their bills. Discounts and slow sales are resulting in cash crunches. BYD took 275 days to pay suppliers last year versus 198 days in 2021.

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Capital is fleeing at the fastest pace since 2016: forexlive.com/centralbank/ic…. should go for a big devaluation of the , but I think a status-conscious will instead defend the currency until he runs out of cash, when the yuan will collapse.

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