Perspective
08 December 2014
Inventory finance and a view on Qingdao
Region:
Asia-Pacific
The investigation into falsified warehouse receipts, the warehouse lock-down and fraud investigation against Decheng Mining (and others) in the Chinese port of Qingdao has raised many questions over the robustness and confidence of warehouse finance in China, both among international banks and traders directly exposed in the affair and also with those outside of the region but concerned that lessons can be learnt for their own regions’ markets.
