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Chris Wohlert, Managing Director of Supply Chain Finance at Wells Fargo Bank, N.A., discusses the latest developments in China's factoring market in the regional article featured in the most recent edition (2025) of the World Factoring Yearbook (WFY'25). Below is...
#Chris Wohlert#factoring#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
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 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
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 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
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 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, 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