Emerging Asia remains the fastest growing economic region in the world with expected growth rates of 5.8% in 2017 and 5.6% in 2018. However, China’s economic growth will slow down in the medium term and several economies in the Asia Pacific region are sensitive to this development. A high percentage of respondents in the region stated their intention to increase credit management practices to better protect their businesses against the potential impact of slower growth.
Read more on APAC with the Atradius Payments Practice Barometer here: Payment Practices Barometer Asia Pacific 2017
