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Coface releases today the resulats of its survey on corporate payment behaviour in China.Coface's survey on payment behaviour shows that more companies are prepared to grant payment terms in 2023, but that they have shortened the average term from 81...
#invoice#management#payment delays
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
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, 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 has appointed Mark Qian as Country Manager for China. Based in Shanghai, Mark reports directly to Benoit Ganzmann, CEO of…
#Managerial Appointments
ICBC China’s biggest bank and e-commerce giant JD.com have worked together to develop a supply chain finance solution based on…
#ICBC#smart contracts#supply chain finance
Contour, the global digital trade finance network has today announced its strategic partnership with TradeGo, a blockchain-based commodity trading service…
#blockchain#Contour#digital trade finance
China’s Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF), which is overseen... (more…)
#blockchain
Deutsche Bank has signed an agreement with Huaneng Tiancheng Financial Leasing Co. Ltd, to help the company launch a three…
#Deutsche Bank#ESG#leasing
Ping An Insurance, China’s largest insurance company, has launched its first observation optical remote sensing satellite. This is a major…
#supply chain finance
Coface’s 2022 China Corporate Payment Survey[1] shows that fewer firms encountered payment delays... (more…)
#cash-flow#insolvencies#Paid
China's central bank and top banking regulatory agency are about to review the 25-year-old regulations related to commercial acceptance bills.…
#bank#banks#Bill
Factoring activity in China grew significantly in 2020 (up seven per cent) compared to 2019, across both the bank and...…
#Atradius#bank#debt collection