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Global Credit Solutions - International Debt collection, credit report, business information, risk management and global investigations service
* Please click on the countries listed above to view a "Country Profile".
To find out more about a country's: Population, economic overview, general business practices, and more, simply click on the country of your choice.
EG: Debt Collection Credit Report China
Economy Overview:
As part of its effort to gradually slow the rapid economic growth seen in 2004, Beijing says it will reduce somewhat its spending on infrastructure in 2005, while continuing to focus on poverty relief and through rural tax reform. Accession to the World Trade Organization helps strengthen its ability to maintain strong growth rates but at the same time puts additional pressure on the hybrid system of strong political controls and growing market influences. China has benefited from a huge expansion in computer Internet use, with 94 million users at the end of 2004. Foreign investment remains a strong element in China's remarkable economic growth. (read more...)
General Business Practices.
- There are two main Chinese dialects, these are Mandarin and Cantonese. They are used in the majority of business transactions and are the official languages used in court proceedings.
- The renminibi (RMB) is the currency used in business transactions. (read more...)
Collections
- The common procedures collection agencies adopt when collecting a debt includes sending letters, phoning the debtor, making appointments with the debtor to negotiate payment or legal action.
- A lawyer will usually use the same procedures as those outlined above. (read more...)
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