Date
21 October 2017

Tianjin eyes exchange for accounts receivables trade, paper says

Tianjin has in recent years seen some innovations on financing related to accounts receivables, with the support of the China Banking Regulatory Commission, the China Securities Journal cited Chen Zongsheng, secretary-general of the city government, as saying. He said the next step should be establishment of an exchange for trading of accounts receivables in a bid to meet the growing needs of corporates, according to the report Thursday.

– Contact HKEJ [email protected]

TL/AC

 

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