April 21, 2016
SLOWER GROWTH, RISING NON-PERFORMING LOANS, RMB AND STOCK MARKET VOLATILITY ARE ALL CONCERNS FOR CHINA IN 2016.
The annual survey on corporate credit risk management conducted by Coface, to which 1,000 Chinese companies responded, reveals that corporate payments continued to deteriorate in 2015, with 8 out of 10 corporates experiencing overdue payments. In addition to the unsolved issues of high leverage and overcapacity in many sectors, downwards pressure on the RMB and stock market volatility are concerns for the Chinese market in 2016. It is not expected that non-payments will improve in the short term.
Mr. Sam Cheng will give a better understanding of China-based companies' payment experiences and their credit management practices during the conference according to the 2015 Coface survey.
Date: Thursday, April 21, 2016
Time: 8:00 to 10:00
Fee: Member 200 RMB Non-member 350 RMB (Breakfast included)
Venue: CCIFC Meeting Room
2F, Building 81, No 4 Gong Ti Bei Road, Chaoyang District
About the speaker:
Mr. Sam Cheng
Risk Team Manager, Coface China
Mr. Sam Cheng has more than 10 years’ experience in credit insurance and risk management. He joined Coface in 2011. Leading his team of risk department of Coface China, he is responsible for conducting credit research and analysis on trade credit risk of Chinese companies and controlling corporate credit risk according to the changing economic situation and constantly monitor of the industry risk.
In cooperation with:
In order to participate in this event, please register before April 20 at 17:00 by filling in the form below: