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Siemens, Commerzbank and FMS showcase digital trade between Germany...

Siemens AG, Commerzbank AG and Fr. Meyer’s Sohn have successfully completed a proof of concept (POC) demonstrating the power of fully digital trade document flows between Germany and China. Together with the Chinese issuing bank and leveraging Enigio’s trace:original technology...

#Bill of Lading#Commerzbank AG#digital trade document

WFY’25: Factoring in China continues to expand in 2024

Chris Wohlert, Managing Director of Supply Chain Finance at Wells Fargo Bank, N.A., discusses the latest developments in China's factoring…

#Chris Wohlert#factoring#supply chain finance


Shengye integrates DeepSeek AI to enhance supply chain finance

Shengye Holdings Group Limited  (Shengye) a leading supply chain technology platform in China, has announced the integration of its self-developed…

#AI#DeepSeek#Shengye


China unveils new measures to boost foreign trade

The State Council of China has approved a set of policies under the Several Policies and Measures to Promote the…

#export credit insurance#International Trade#trade credit insurance


HSBC partners with Dowsure to enhance trade financing

HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong,…

#digital trade finance#Dowsure#e-commerce


WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24


HSBC launches HKD 5bn financing plan for SMEs in...

HSBC has launched a HKD 5bn (US$641 million) financing plan to support small and medium-sized enterprises (SMEs) in Hong Kong. According…

#fintech#HSBC#sme finance


WFY’23: ‘China’s factoring industry continued to grow at 22.85...

IntroductionChina’s factoring industry continued to grow at 22.85 per cent to reach EUR 577bn in 2022 across the entire banking…

#Atradius#bank#management


Coface: Payment delays in China continued to shorten, but...

Coface releases today the resulats of its survey on corporate payment behaviour in China.Coface's survey on payment behaviour shows that…

#invoice#management#payment delays


Micro Connect and HSBC sign up to US$200m ABL...

Micro Connect, which connects global capital with micro and small businesses, announced the signing of a syndicated asset-backed loan (ABL)…

#asset based finance#Charles Li#Micro Connect


Micro Connect secures $200m syndicated loan with HSBC for...

Financial technology startup Micro Connect, with backing from prominent figures like Hong Kong property tycoon Adrian Cheng and billionaire Li…

#Charles Li#Micro Connect


Zetrix launches SCF pilot in China

Zetrix, a leading public blockchain platform that is powering digitisation of cross border trade, has announced the commencement of a…

#Bank of China#supply chain finance

Coface appoints Mark Qian as Country Manager for China

Coface has appointed Mark Qian as Country Manager for China. Based in Shanghai, Mark reports directly to Benoit Ganzmann, CEO of…

#Managerial Appointments

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