ZTE's receivables financing strategy
Liao Ping, ZTE's director of international financing, keys in on receivables financing and how she uses trade to cut the best deals.
Q: Can you give us some background on ZTE and your role at the company?
A: ZTE is the fifth largest telecom supplier in the world. For us, about 50% of our sales are from outside of China, so my major responsibility is to facilitate the export finance for these sales. That means we will try our best to find the funding for export projects, increase cash flow, and shorten accounts receivable periods.
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