China collection profile

China-bnr

 

Collecting debts in China

  • As a result of the re-balancing policy in China, direct financing or bank loan is shrinking sharply and extending to more and more sectors. Consequently, DSO remains high and late payments are not efficiently regulated.

  • The court system is complex and suffers from a lack of transparency, delays and high costs are to be expected. As enforcement results are poor, amicable or non-litigation collection is the preferred option.

  • The insolvency framework is complex, liquidation is the default procedure.

 

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    China

    China

    Collection complexity

    Severe-2

    Collection relating to

    Payments
    $-4
    Court
    proceedings
    Gav-4
    Insolvency
    proceedings
    Arrow-4

     

     

    Publications about China

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