If you find yourself in a situation where a Chinese debtor owes you money in a foreign currency like USD, EUR, or JPY, it’s crucial to understand how default interest is calculated in Chinese courts.
In China, any institution can engage in debt collection activities without a license from the government. However, collecting the financial debt (mainly consumer debt) shall observe certain rules. There are no special restrictions for collecting commercial debt, i.e., non-financial debt.
Monday, 24 October 2022, 10:00-11:00 Rome Time (GMT+2)/16:00-17:00 Beijing time (GMT+8)
Laura Cinicola, Lawyer of KPMG LabLaw (Italy), and Chenyang Zhang, Partner of Tian Yuan Law Firm (China), will share their insights on debt collection in Italy and China. It all comes down to how to make use of the practical strategies, methods, and tools which we will explore together with you.
Tuesday, 11 October 2022, 10:00-11:00 Lisbon Time (GMT+1)/17:00-18:00 Beijing Time (GMT+8)
Tiago Fernandes Gomes, Lawyer of SLCM (Portugal), and Chenyang Zhang, Partner of Tian Yuan Law Firm (China), will talk about the ins and outs on how to enforce your foreign judgments in Portugal and China, a worthwhile approach that is often overlooked in cross-border debt collection.
Yes, amicable debt collections are allowed in Turkey.
