4.5K
Downloads
195
Episodes
Customers who pay late are a problem for virtually every company. RIABU’s Simon Littlewood and Mark Laudi discuss what you can do to be first in line to get paid. Credible, authoritative, authentic. This podcast is all about VALUE.
Episodes
Wednesday Oct 16, 2019
Wednesday Oct 16, 2019
China’s government is getting serious about stopping late payments. It has come up with rules to get government departments and large state-owned companies to pay their bills to smaller companies on time.
The companies that refuse to comply will be put on a court-administered blacklist and face fines of RMB 100,000 to RMB 500,000.
RIABU’s Simon Littlewood and Mark Laudi talk about how China can no longer look the other way for the tardy payment history of SOEs as SMEs will struggle and go bust.