Who Pays on Time?

This report from Atradius examines the credit terms between both domestic and foreign business-to-business (B2B) customers in Asia Pacific and is based on a global survey.

Companies in China are the least inclined to use trade credit in any B2B transactions (35.7% domestic and 27.5% foreign), while Japan is the most likely to use trade credit in a domestic setting (64.3%), and Hong Kong with foreign B2B customers (51.3%). The main reason for companies to offer credit terms is to build long term trade relationships.
 
The major reason domestic payments are late is lack of liquidity (50.1%), while foreign payment delays are due to complexity of the payment procedure (47.8%). 

Download Now

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern