At the ongoing autumn session of the Canton Fair, China\u2019s largest and longest-running trade exhibition, many Chinese exporters say that overseas buyers\u2019 demands for extended payment terms are becoming one of their biggest challenges in maintaining profits.<\/p>\n
The pressure on small and medium-sized enterprises (SMEs) \u2013 across a range of industries \u2013 is particularly acute.<\/p>\n
\u201cA regular client suddenly demanded 90-day post-shipment payment because other suppliers offer longer terms,\u201d said Kevin Huang, a lighting exporter at the fair in Guangzhou. \u201cIf we don\u2019t comply, we risk losing the order.<\/p>\n
\u201cSMEs have to front-load material, production and shipping costs. If cash is tied up for three months or more, orders could easily turn into a possible loss.\u201d<\/p>\n
The trend stems from the combined effects of tighter overseas liquidity and rising inventory pressures in a more complex global macroeconomic environment for Chinese exporters \u2013 a sector that remains a key driver of the world\u2019s second-largest economy.<\/p>\n","protected":false},"excerpt":{"rendered":"At the ongoing autumn session of the Canton Fair, China\u2019s largest and longest-running trade exhibition, many Chinese exporters…\n","protected":false},"author":2,"featured_media":241305,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,113595,95,113600,113598,113599,46,27755,12269,9383,113596,34144,22850,113597,38003,92356,4991,82976,1215],"class_list":["post-241304","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-canton-fair","tag-china","tag-china-chamber-of-commerce-for-import-and-export-of-machinery-and-electronic-products","tag-chinese-exporters","tag-dun-bradstreet","tag-economy","tag-emerging-markets","tag-exhibition","tag-exports","tag-extended-payment-terms","tag-global-trade-tensions","tag-guangzhou","tag-overseas-buyers","tag-pressure","tag-profitability","tag-protectionism","tag-small-and-medium-sized-enterprises","tag-trade"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/241304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=241304"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/241304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/241305"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=241304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=241304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=241304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}