Overdue payment times surge in Asia
Apr 22, 2013
Overdue in Asia: Company payment issues persisted in 2015
The percentage of Asia-Pacific companies reporting late payment issues remained high in 2015, and the situation isn’t expected to get better, with China proving a special concern.
The harsh economic winds that began buffeting the Asia-Pacific region last year particularly affected the ability of companies to pay on time. Companies in China, India and Singapore saw significant delays, according to a survey by Coface, a multinational credit insurance provider
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