Debt Collections Handbook China 2017

Debt Collection Reports

  • China
  • Agriculture,
  • Automotive/Transport,

5th July 2017

Having drawn from the expertise of the Atradius Collections' local offices, the International Debt Collections Handbook explains the different stages, regulations and procedures for China.

Amicable phase



Handbook Report Page - Amicable Phase


China has had a vivid history around debt collection, which was prohibited by the Chinese government in the late 19th century and is still prohibited by law today. Therefore, debt collection officially doesn’t exist, but companies do provide debt collection services through specialised legal firms that are authorised to collect Chinese debts. Atradius Collections China collaborates with local law firms to provide amicable and legal collection services in China. Our team has experienced collectors with legal backgrounds, which is essential for collecting in China.


From a cultural point of view, Chinese debtors are not used to paying late payment interest charges, so during the first steps of the negotiation, we usually don’t claim for this part. When the case enters into litigation, we charge interest calculated from the loan rate set by the People’s Bank of China plus 30% to 50% (see the Reply of Supreme People’s Court on the Calculation Standard of Late Payment Penalty).


From the point of view of the law, we have the right to charge the costs arising from the collection of debt, but Chinese debtors will not expect to pay them if the debts are paid in the negotiation phase.

The Debt Collections Handbook presents a snapshot of China's local economic situation and covers the following topics:

  • Accepted and most common payment methods
  • Types of companies
  • Legal procedures and legal system
  • Enforcement of debt, movable and immovable goods
  • Insolvency proceedings

To read more about steps and procedures undertaken in the field of debt collection:

Download Debt Collections Handbook China now!



The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.