Why the PBoC wasn’t BAD enough

China’s central bank ban on high-value paper-based commercial drafts sends a clear signal of intent, but the country is not ready to make the shift.
By Daniel Flatt
Sep 13, 2016
linkedinfacebooktwitter

The People’s Bank of China (PBoC) sent a stark warning last week that tolerance for paper trade finance documentation was coming to an end.

Sign in to read on!


Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to CorporateTreasurer.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.

Questions?

See here for more information on licences and prices, or contact [email protected].
Banks & Service ProvidersTrade & Supply Chain FinanceTreasury
banker's acceptance draftschinacommercial acceptance draftspbocregulationtrade finance
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters

Related Articles