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Us And Europe Become The Most Serious Risk For Chinese Enterprises To Export

2008/12/22 13:32:00 27

Us And EU China Exports

The deterioration of the global trade environment has become a trend.

The latest version of the national risk analysis report released by China Export and Credit Insurance Corp shows that compared with the global overall risk level decreasing in 2007, the situation in 2008 has obviously reversed, and the risk level of the global countries has increased significantly.

The report points out that the general deterioration of the global trade environment has become an established trend.

In order to protect the domestic economy and shift the pressure of crisis, the emerging markets such as the United States, Europe, Japan, even India and Russia have shown obvious trade protectionism tendencies, making Chinese enterprises face a commercial dilemma.

"This year, export enterprises receivable accounts are expected to increase significantly, and bad debts will increase, and the risk of foreign exchange collection will further increase."

Wang Yi, general manager of China's credit insurance, said that China's exports were facing unfavorable situations such as external demand decline, slow increase in revenue and uncertainty factors.

The report pointed out that as the source of the financial crisis, the losses of Chinese export enterprises in the US market increased significantly in 2008. According to the reports received by China's credit insurance company, the largest amount of loss reported by textile enterprises and mechanical and electrical products in export enterprises exceeded tens of millions of dollars. In addition, the European market has become the most severely damaged area of textile export enterprises.

In addition, the Asian export market is facing greater risk of settlement. The Latin American trading partners generally have lower solvency. Chinese enterprises need to pay close attention to the economic environmental impact in their business development, and carefully assess the related risks of the participants.

 

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