China’s Construction Industry Is Finished! Contractors and Migrant Workers Can’t Survive
China’s Construction Industry Is Finished! Contractors and Migrant Workers Can’t Survive
Udumbara
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As China's economy declines and the real estate market collapses, once-powerful construction companies are struggling. Reports show repeated delays in commercial bill payments, a sharp drop in project payments, and unpaid wages. These companies are also facing lawsuits, making it even harder for contractors to recover project funds.
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