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More than $500 billion in liquidity remains trapped in company supply chains, according to J.P. Morgan’s 2021 Working Capital Index report.
Cross-sector business, shadow banking, and online finance are all irreversible trends as financial products converge, but where will this leave China’s regulatory framework?
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.