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":101908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,61737,607,74422,11386,74421,219,34288,4296,3214,74418,74420,20796,111,139,69,74419,21411,46223,8564,32355,584],"class_list":{"0":"post-101907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-canton-fair","10":"tag-china","11":"tag-china-chamber-of-commerce-for-import-and-export-of-machinery-and-electronic-products","12":"tag-chinese-exporters","13":"tag-dun-bradstreet","14":"tag-economy","15":"tag-emerging-markets","16":"tag-exhibition","17":"tag-exports","18":"tag-extended-payment-terms","19":"tag-global-trade-tensions","20":"tag-guangzhou","21":"tag-new-zealand","22":"tag-newzealand","23":"tag-nz","24":"tag-overseas-buyers","25":"tag-pressure","26":"tag-profitability","27":"tag-protectionism","28":"tag-small-and-medium-sized-enterprises","29":"tag-trade"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/101907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=101907"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/101907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/101908"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=101907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=101907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=101907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}