SHANGHAI (Reuters) -At least eight Chinese automakers, including industry leaders BYD, Chery and Geely, have published statements since late Wednesday saying they would pay their suppliers within 60 days.
The regulation, effective June 1, requires big companies settle payments with suppliers within 60 days after they deliver commodities, engineering and services.
(Reporting by Zhang Yan and Brenda Goh; Editing by Jacqueline Wong)
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