Gansu's capital shortage "triangular debt" affects its development

"Triangle debt" has always affected the development of Gansu chemical companies. The Gansu Provincial Enterprise Mobilization Team recently collected 35 companies, including chemical companies, across the province to conduct a rapid investigation of the impact of capital shortage on the company. The survey results show that companies have defaulted on payment to each other and formed a "triangular debt," which has seriously affected the production and operation of the company, which in turn affected the credibility of the company and led to an increase in transaction costs.

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