Reality Check: Corporate Payment Trend and Sectorial Risk in China
The overall payment experience in China has deteriorated in 2013 comparing to 2012. Key messages from the China Payment Survey are:
- Average credit terms extended in China has become longer comparing to 2012
- Maximum credit terms has generally been lengthened in 2013 comparing to 2012
- Overdue situation has also become more common in 2013 comparing to 2012, with a rising concern of management
- A higher percentage of respondents told us that the average overdue-period has been lengthened
- 45% of the respondents told us that they have seen an increase in overdue amount in 2013, comparing to the 56% in 2012
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Adrien BILLET
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+33 1 49 02 23 63
Taline SARKISSIAN
coface@rumeurpublique.fr
+33 1 55 74 52 34
