Workshop with German Chamber: Delayed Accounts Receivables: Strategic, Operational and Legal Countermeasures
Late payments are one of the biggest challenges for foreign companies in China. Conventional collection methods are often unstructured: cases are either escalated without proper diagnosis, or necessary actions are delayed out of concern for preserving customer relationships. In addition, the legal dimension is often neglected: not only preemptive measures such as contract design, but also reactive actions such as legal tools are frequently not fully used.
In this event, we will provide solutions for these options. Mrs. Wang Jingyi, Senior Associate of WZR China and Knut Wiszniewski, Founder & Managing Partner of Knut and Partners, will guide you in a deep dive into the related strategic, operational and legal aspects.
Legal Lens – Legal Tools, Credit Checks & Smart Contract Design
In her presentation, Ms. Wang Jingyi will update you on recent related regulations and introduce practical legal tools. Insights regarding contract design strategies and credit system pre-screening round up her input.
- What China's new payment protection regulations for SMEs (effective June 1, 2025) mean for your business
- What key legal tools are available, including fast-track court procedures (“payment orders”) and property preservation measures such as bank account freezes
- How to design payment terms, acceptance clauses, and dispute resolution provisions
- How to run a quick check of China's credit system to prevent issues
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