China

Board of Shaanxi Qinling Cement (Group) Co., Ltd. has ratified a CNY80 million factoring agreement.

China's policymakers need to set up a system to improve transparency of private companies and use innovative programmes such as public-private partnership to encourage private participation in infrastructure projects, according to financial industry executives, speaking at a recent session of the World Economic Forum in Tianjin.

The China s government announced measures to support SME exporters.

Measures taken by the Chinese Government to stimulate the economy in the face of the global economic slowdown could weaken the country s SMEs ...

The 30pc drop in demand from China s main export markets in Europe, the US and Russia, prompts payment delays and in some industries even defaults.

Local administration rescues indebted SME to prevent a domino effect.

 

Kavin Tsai, General Manager Factoring Department China Minsheng Banking Corporation Limited provides a review of the Chinese factoring market, covering industry environment, market performance, supply and future trends.

Tianjin Binhai and Shanghai Pudong New Areas commercial factoring pilot approved.

An audit report has found one third of the capital needed for small and medium-sizedcompanies came from private lending in 2011...

Companies applying for a leasing licence will soon be able to receive a factoring and trade finance licence at the same time.