CREDIT RISK WORSENS IN AUSTRALIA, CHINA, INDIA

PARIS - A survey by global credit insurance group Coface of corporate credit risk management in the Asia Pacific region for the fourth quarter of 2012 suggests that corporate payment experience in the region generally worsened. Companies in Australia, China and India specifically suffered more non-payment. By sectors, building & construction, IT, ISP and data processing, textile, clothing and shoes, and household electric and electronic appliances were at higher risk. Coface says companies in the region are less optimistic about recovery of global economy in 2013.