At the moment, with the sub-loan crisis from the U.S. global "financial tsunami" continues to accelerate, China's foreign trade enterprises are facing from the overseas markets are also significantly increased credit risk! Banking Bureau and the Guangdong Province, China Export & Credit Insurance relevant person in charge of the Guangdong branch in Guangzhou on the 19th at a news conference that a large number of enterprises must be vigilant and guard against foreign enterprises due to the outstanding purchase price, to avoid debt and suffered huge losses.

During the press conference, CITIC security assistant to general manager of the Guangdong branch Yu said China's foreign trade enterprises are facing the risk of overseas markets is constantly increasing. He said Guangdong as an example, to enter the second half of 2008, due to financial crisis, Guangdong enterprises for overseas orders, the first after delivery receivables "credit orders," the ratio has exceeded 70 percent at the same time, According to the company's calculations, the probability of overseas credit risk has increased substantially, more than 10%.

At the same time, the financial crisis, the overseas buyers of credit deterioration, decline in ability to pay, payment of arrears of China's enterprises the number of cases increased significantly. Xiang Yu said in 2008, the company received notification of policy holders overseas buyers paid in arrears, bankruptcy cases more than 300, especially in the second half of reported cases of loss more focused, and more than one million U.S. dollars of the large number of cases is far super calendar year.

Guangdong Provincial Bureau Director of the Office of the Commissioner of Banking in Wang said, by European and American financial tsunami-affected, some with domestic enterprises with good cooperation between the foreign enterprises have begun to default on payments, the debt to avoid the phenomenon of increasing foreign trade disputes, fraud cases have begun to expose , It is understood that both the traditional markets in Europe and America or emerging markets, are of this type of situation and, if banking institutions would have to reflect the recent clothing, electronics industry's foreign trade increase in fraud cases doubled, resulting in the bank by a larger loss.