||08-19-2013 11:25 PM
Payment Terms in the Asia Pacific region
What are the standard / generally accpeted payment terms in the Asia Pacific region? I have heard that they are different (longer) than what is typical in the United States, but I would like to verify that. I would appreciate any input from those of you who are working (or have worked) in the Asia Pacific region. Thanks!
||08-21-2013 03:51 PM
standard / generally accpeted payment terms, it depends,,, And in China, yes, some cases, very long, 180 days, 9 months... and there is a tradition that all the overdue invoices should be cleared before Chinese New Year.
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