World of pain: Analysing PBoC's receivables platform push

China's central bank hopes beefing up a central registration system will lead to an injection of working capital for SMEs. Here's why it could instead cost companies big.
World of pain: Analysing PBoC's receivables platform push

The latest push by the People’s Bank of China (PBoC) to get payments to cash-strapped small suppliers is to be applauded.

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