Corporate Credit Risk Management in China - Findings of Coface Payment Survey 2005
Credit management in China is not an easy task for foreign companies.
Which companies are more reliable? What payment terms should I grant to my suppliers? And what payment terms should I accept from my clients? What is the average in the industry?
How do I reduce my overdue? And how do I reduce the risk of bad debts?
Coface, the French based international credit insurer and credit management services provider, makes a
Payment survey every year to answer these questions.
Coface Payment Survey 2005 has just been completed the annual survey of company payment behavior and credit management practices in China. This will be the first presentation of this latest survey by Coface. The European Chamber Nanjing liaison office is pleased to host this presentation.
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F&T Workgroup – European Chamber Nanjing Chapter
Minutes of Meeting
2006/02/23
Topic: Corporate Credit Risk Management in China – Findings of Coface Payment Survey 2005
Participants (28 persons)
|
Company
|
Name
|
Member
|
|
Coface(法国科法斯信用保险公司)
|
Christophe
|
N
|
|
Coface
|
Qingqing
|
N
|
|
Coface
|
Jessica
|
M
|
|
Aeroflex NJ(艾法斯微电子公司)
|
Cindy
|
M
|
|
A.Raymond Fasteners (Zhenjiang) Co., Ltd.（阿雷蒙紧固件有限公司）
|
Zhibin
|
M
|
|
BASF-YPC（扬子巴斯夫）
|
Jimmy
|
M
|
|
Dogi Fabrics (Jiangsu) Co.,Ltd（道吉面料有限公司）
|
Wendy
|
M
|
|
Engelhard Process Technologies (Nanjing) Co., Ltd(恩格哈德处理技术公司)
|
Tongji
|
N
|
|
Heat and control Co.,Ltd（热能与控制有限公司）
|
Emma
|
M
|
|
Jinling DSM Resins Co., Ltd（金陵帝斯曼树脂有限公司）
|
Ningjie
|
M
|
|
Jinling DSM Resins Co., Ltd
|
Xianxin
|
M
|
|
Jinling DSM Resins Co.,Ltd.
|
Peimin
|
M
|
|
Merial Nanjing Animal Health Co., Ltd. (南京梅里亚动物保健有限公司)
|
Maggie
|
M
|
|
New Concept Mandarin（新概念汉语）
|
Helen
|
M
|
|
NRW
|
Otmar
|
M
|
|
Sasol
|
Qian
|
M
|
|
Siemens Power Automation Ltd
|
Andreas
|
N
|
|
Standard Chartered Bank(渣打银行)
|
Tonny
|
N
|
|
Standard Chartered Bank
|
Lilyka
|
N
|
|
TFO（特恩驰光纤有限公司）
|
Li
|
M
|
|
Wartsila CME Zhenjiang Propeller Co. Ltd(镇江中船瓦锡兰螺旋桨有限公司)
|
Heikki
|
M
|
|
Wartsila CME Zhenjiang Propeller Co. Ltd
|
Richard
|
M
|
|
ZF Steering（采埃孚金城转向系统公司）
|
Juan
|
M
|
|
Ping An Insurance Company (平安保险)
|
Li
|
N
|
|
Ping An Insurance Company
|
Zhenjun
|
N
|
|
Ping An Insurance Company
|
Longwen
|
N
|
|
Ping An Insurance Company
|
Chen
|
N
|
|
European Chamber
|
Bingbing
|
|