In the current challenging economic times, it is essential for Chinese businesses focus on strengthening their customer credit risk management and debt collection processes.
Corporate insolvencies are expected to grow 2.4% in 2020, a pronounced acceleration from the 1.4% increase recorded in 2019, largely resulting from the coronavirus outbreak
Insolvencies are rising, and structural weaknesses and the negative impact of sanctions on productivity and investment weigh on the economic expansion.
Political instability remains an issue for the long-term economic growth prospects, while corruption and red tape still hamper the business environment.
De nieuwste uitgave van de (Engelstalige) Economic Outlook, met daarin een beeld van de huidige wereldwijde economische omgeving en de vooruitzichten door Atradius Economic Research.
The recovery of the Dutch construction sector continued in 2016, but there is still overcapacity in the market, and a consolidation has yet to take place.
Italian building cooperatives and smaller companies focused on domestic residential construction remain highly exposed to the risk of business failure.
Future US construction growth could get an additional boost if, as announced, the new US administration invests heavily in infrastructure improvements.
A modest recovery is forecast in the non-residential segment due to stronger private demand and activity picking up in the infrastructure building sector.
Due to the deterioration in demand competition has increased, as builders operate on lower margins in order to obtain the remaining available business.