Tag: ecds

The central bank is rolling out of an exchange trading place for bill transactions, with paper-based bills going to the forefront.

In China, regulators have tightened their grip on the bill financing sector in the wake of a series of fraud cases. But companies are desperate for a quick risk-management cure.

The world’s biggest lender by assets, ICBC, is under investigation over a fraud case discovered in the nation’s e-commercial draft system.