Market Supply And Demand Drive Contract Defaults
A commentator noted that market supply and demand are the fundamental reasons for recent contract defaults in the industry. The source stated that violation costs remain lower than potential profits, making defaults a calculated risk for some merchants.
Topics
Developing
- 863d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 863d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 863d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 863d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
CNR Voice of China
“I think this might be a direct result of market supply and demand, which is the most fundamental reason. Secondly, in this industry, we can see that the cost of default is actually lower than the profit.”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade