chain debts meaning in Chinese

三角债
上不封顶
下不保底

Due to the imperfection of the credit system and management mechanism , enterprises are suffering from some substantive bad account and series of chain debt . there is even a plaint prevailing among many enterprises “ selling on account beget a dead end ; no credit sale is waiting to die ”
由于我国目前社会信用体制不完善、企业管理水平低下的限制,在相当长的时间里出现了巨额的坏账、 “三角债” ,很多企业竟然发出了“赊销是找死,不赊销是等死”的感叹。
Modern economy is credit economy , but breaking credit is a quite serious problem which have been in existence in our economy for a long time . such phenomena as fake or inferior quality commodity , breach of contract and business fraud are very popular , chain debts and bad assets occur time after time , all kinds of economic crimes are on the rise in successive years
现代经济是信用经济,但我国经济领域却长期存在着比较严重的失信现象,社会各个领域的信用缺失现象十分普遍,假冒伪劣产品充斥市场,合同违约、商业欺诈随处可见;三角债拖欠款和银行不良债权反复出现,各种经济犯罪连年增加、日趋严重。