Factoring in Asia Grows 147% in Five Years


The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain International. The countries which posted the highest growth were Taiwan, China and Hong Kong> the highest ration of international to domestic factoring was reported by Taiwan (42.5%) and Hong Long (33.3%).

Source: The Business Times, Singapore



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Posted on Jul 12, 2001
Region: Global Analysis