"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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