Apple Meets China Mobile: Bloomberg West (1/10)

Jan. 10 (Bloomberg) -- On "Bloomberg West," Emily Chang, Cory Johnson and Jon Erlichman report on innovation, technology, and the future of business. (Source: Bloomberg)

China Inc. Sells Receivables Amid Payment Delays
40:26 - More and more Chinese factories are selling unpaid customer bills to financial firms, amid record payment delays. Resorting to a method of raising cash faster known as factoring, Sany Heavy Equipment International Holdings, a Chinese machinery maker, said in earnings reports that it began selling receivables at a discount. Bloomberg's Lianting Tu has more on "Trending Business." (Source: Bloomberg)
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