China collection profile

China-%20collection%20profile%20china

 

Collecting debts in China

  • As a result of the rebalancing policy in China, direct financing or bank loans are 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. As enforcement results are poor, amicable or non-litigation collection is the preferred option.

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

 

Download the PDF on the right hand menu to read the full profile.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
    China

    China

    Collection complexity

    Severe-2

    Collection relating to

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

     

     

    Publications about China

    › All publications about China