News Snapshot:
0 0 After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipient recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity from the US Federal Reserve . Average payment terms improved in 2019, rising to 67 days compared to 69 days in 2018. And while 65% of companies reported experiencing payment delays in 2019 (63% in 2018), the average payment duration decreased to 85 days in 2019, down from 88 days in 2018. However, this recovery will prove short-lived, as the COVID-19 pandemic severely threatens the...
