Siemens selects Deutsche Bank for receivables

Deutsche Bank has announced that it has implemented a Receivables on Behalf Of (ROBO) solution for Siemens Financial Services (SFS) in China, for both intra-group and third party cross-border receivables

Crackdown hits peer-to-peer lenders

Rising pressure from the Chinese government crackdown on using borrowed money to trade stocks is driving lenders from the market that provides credit for leveraged share purchases on China's markets

The wild east - part two

Read part two of our exclusive interview with Jeroen Kohnstamm, former secretary general of Factors Chain International and current adviser to the Ministry of Commerce, China, about the current state of the commercial factoring industry in the country.