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The construction sector employs mostly migrant workers many of whom will travel back to their rural home towns for Chinese New Year.
These migrant workers will want the rest of their deferred wages before they travel home.
Deferred payments account for 2/3 of their annual wages.
With property developers unable to meet their bond interest payments, let alone repay matured bonds, how would they pay workers their deferred wages?
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weehingthong 