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China's financial woes pose higher risk to global supply chains

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Increasingly scary news from China that could stymie global trade. According to the latest index, concerns over China’s finances have pushed supply chain risk up for the third consecutive quarter. As this article reports, some Chinese firms are now paying late, or not at all, while suppliers are cutting costs and delaying shipments. Buyers are being urged to make sure they communicate well with their Chinese partners to highlight any problems as soon as possible.

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