Risk of changes in economic policy
Economic policy of export tariff and non-tariff barriers mainly. Tariff barriers such as tariffs, export tax rebate rate, non-tariff barriers such as import and export licenses and quotas, trade protection policies of these countries the adjustment and changes to the export enterprises at risk. For example, the original application for a permit without the need to apply for a permit of goods into the goods, it will directly affect the export clearance procedures, speed and cost, and even can not be exported. Risk of changes in economic policy on the export enterprises seem uncontrollable, but if the company has some sensitivity, such as import and export licensing system is very familiar with the understanding and prediction to reduce this risk. The risk of commodity price changes. Rising or falling commodity prices directly affect change in the export increase or decrease in corporate profits. After the contract signing trade export business of goods to go through to the final delivery from stocking the whole process of factor price of commodities, the price of production, circulation and other changes in the cost will affect the cost of export enterprises will eventually be related to the ability to achieve the desired profits. Risk of exchange rate changes. Changes in exchange rates, export enterprises often encounter and must avoid the risk of fluctuations in the economic and financial times, must not be transferred to lighter heart. Exchange rate risk because of neglect, many enterprises in the current financial crisis, suffered huge losses, if there is scientific and accurate forecasts, and to take an active hedging measures, the risk will be well controlled.
The main measures to guard against foreign exchange risks
Strengthen internal management. First, the risk of pre-export to strengthen the research objectives of the export market risk management scope, type and intensity of identification, prediction and assessment, and take the appropriate measures; the second is to ensure that exports meet the contract requirements, not to give you more ammunition This is the most important part of risk reduction. Actively adjust the way of export proceeds. The choice of export proceeds ways to maintain safety and convenience to the principle, according to international economic and financial situation changes, timely adjustment of export volume and accelerated speed of capital settlement, protect the safety of export proceeds. For example, the export settlement with collection companies to do well on the importer's credit investigation, credit capacity according to the importer a reasonable way to determine the line of credit and collection, try to choose the spot payment, or increase the collecting bank guarantee actively prevent collection settlement risk; a letter of settlement of export enterprises, to strengthen coordination and communication with foreign customers, to keep abreast of the credit standing of the issuing bank, especially on the financial crisis hit areas of credit issued by commercial banks to small and medium card, should pay attention to additional terms of the impact of the credit payment, if necessary, may require the strength of the bank confirmation, reducing letter of credit risks. Positive policy changes to avoid the risks. Enterprises should keep an eye on the one hand and familiar with the relevant policies at home and abroad, can more correctly predicted the trend of policy changes; the other hand, to understand themselves in the export duty which is subject to greater impact of changes in economic policy and to maintain a high degree of vigilance.
Actively prevent dramatic changes in prices and exchange rates. Export prices primarily by production costs, sales costs, etc., and export enterprises highly concerned about changes in domestic and foreign markets, accurate forecasts and reduce costs, in addition to reducing energy consumption, improve product quality and grades, but also bound by some bad master change factors, the associated risk to the other side, the cost of control can be expected to control their own range. Exporters on the export of currency exchange rates in the balance sheet there must be a scientific, accurate forecasts and grasp, and to take active hedging measures, such as entering into forward foreign exchange contracts with banks, foreign exchange rate locked in advance, so as to prevent the exchange rate brought about dramatic changes risk. Take full advantage of the export business in supporting protective measures. Export credit insurance. If used properly, can effectively eliminate the export business in the political and economic, business and the exchange rate, credit and financing risk. International factoring. This is specifically for the collection of contemporary financial and credit such as commercial credit and financing promotions and the development of financial services, the use of this service, the seller can offer to buyers of commercial credit and financing conditions, such as the collection and credit, thus increasing the seller to consolidate existing markets and develop new markets more competitive. International package to buy instruments and so on. The specific practices of a bank or finance company to buy a professional package from the seller to purchase the hands of non-recourse by the buyer acceptance, and often where the buyer has a bank guarantee of long-term bills of exchange or promissory note, and its essence is a long-term notes provide medium to long term financing and discounted services.
Payment risk after delivery. Payment after delivery at greater risk of bank credit, even with relatively safe way of letter of credit exchange earnings, there are also foreign exchange risks: if the buyer bad credit, you can indicate malicious issuing bank and other critical documents discrepancies to refuse to pay the purchase price, or collusion with the shipping companies do not pay delivery bill of lading may be made. Deferred payment risk. Long-term deferred payment is a commercial method of payment, the buyer of goods to the port waiting to be inspected before or after the payment of goods sold. The risk is: Once the market changes, poor sales, the buyer may pay less or refuse to pay. Document does not match the result of foreign exchange risks. Although the settlement provides for the letter of credit, and shipments on time and shelf life, but the shipment, the delivery of the document does not do the negotiating bank only match documents in line, one letter of credit lost due to the protective effect of Buyer To refuse to pay the purchase price; Second, even if the buyer agreed to pay, but they deductions to pay discrepancies and communication and other expenses, collection of time delay, greatly increased the cost of exports. The terms of the credit risks posed by the trap. Some letters of credit provides for negotiation of commodity inspection certificate is one of the main documents, a transport document issued by the credit within 7 working days after the expiration, etc. in foreign countries, the negotiating bank and the beneficiary of such terms can not guarantee to do export enterprises, if not carefully scrutinize the card does not match the buyer inspection is likely to deliberately delay payment or refuse to pay.
Foundry SFP H3C SFP HP SFP
The main measures to guard against foreign exchange risks
Strengthen internal management. First, the risk of pre-export to strengthen the research objectives of the export market risk management scope, type and intensity of identification, prediction and assessment, and take the appropriate measures; the second is to ensure that exports meet the contract requirements, not to give you more ammunition This is the most important part of risk reduction. Actively adjust the way of export proceeds. The choice of export proceeds ways to maintain safety and convenience to the principle, according to international economic and financial situation changes, timely adjustment of export volume and accelerated speed of capital settlement, protect the safety of export proceeds. For example, the export settlement with collection companies to do well on the importer's credit investigation, credit capacity according to the importer a reasonable way to determine the line of credit and collection, try to choose the spot payment, or increase the collecting bank guarantee actively prevent collection settlement risk; a letter of settlement of export enterprises, to strengthen coordination and communication with foreign customers, to keep abreast of the credit standing of the issuing bank, especially on the financial crisis hit areas of credit issued by commercial banks to small and medium card, should pay attention to additional terms of the impact of the credit payment, if necessary, may require the strength of the bank confirmation, reducing letter of credit risks. Positive policy changes to avoid the risks. Enterprises should keep an eye on the one hand and familiar with the relevant policies at home and abroad, can more correctly predicted the trend of policy changes; the other hand, to understand themselves in the export duty which is subject to greater impact of changes in economic policy and to maintain a high degree of vigilance.
Actively prevent dramatic changes in prices and exchange rates. Export prices primarily by production costs, sales costs, etc., and export enterprises highly concerned about changes in domestic and foreign markets, accurate forecasts and reduce costs, in addition to reducing energy consumption, improve product quality and grades, but also bound by some bad master change factors, the associated risk to the other side, the cost of control can be expected to control their own range. Exporters on the export of currency exchange rates in the balance sheet there must be a scientific, accurate forecasts and grasp, and to take active hedging measures, such as entering into forward foreign exchange contracts with banks, foreign exchange rate locked in advance, so as to prevent the exchange rate brought about dramatic changes risk. Take full advantage of the export business in supporting protective measures. Export credit insurance. If used properly, can effectively eliminate the export business in the political and economic, business and the exchange rate, credit and financing risk. International factoring. This is specifically for the collection of contemporary financial and credit such as commercial credit and financing promotions and the development of financial services, the use of this service, the seller can offer to buyers of commercial credit and financing conditions, such as the collection and credit, thus increasing the seller to consolidate existing markets and develop new markets more competitive. International package to buy instruments and so on. The specific practices of a bank or finance company to buy a professional package from the seller to purchase the hands of non-recourse by the buyer acceptance, and often where the buyer has a bank guarantee of long-term bills of exchange or promissory note, and its essence is a long-term notes provide medium to long term financing and discounted services.
Payment risk after delivery. Payment after delivery at greater risk of bank credit, even with relatively safe way of letter of credit exchange earnings, there are also foreign exchange risks: if the buyer bad credit, you can indicate malicious issuing bank and other critical documents discrepancies to refuse to pay the purchase price, or collusion with the shipping companies do not pay delivery bill of lading may be made. Deferred payment risk. Long-term deferred payment is a commercial method of payment, the buyer of goods to the port waiting to be inspected before or after the payment of goods sold. The risk is: Once the market changes, poor sales, the buyer may pay less or refuse to pay. Document does not match the result of foreign exchange risks. Although the settlement provides for the letter of credit, and shipments on time and shelf life, but the shipment, the delivery of the document does not do the negotiating bank only match documents in line, one letter of credit lost due to the protective effect of Buyer To refuse to pay the purchase price; Second, even if the buyer agreed to pay, but they deductions to pay discrepancies and communication and other expenses, collection of time delay, greatly increased the cost of exports. The terms of the credit risks posed by the trap. Some letters of credit provides for negotiation of commodity inspection certificate is one of the main documents, a transport document issued by the credit within 7 working days after the expiration, etc. in foreign countries, the negotiating bank and the beneficiary of such terms can not guarantee to do export enterprises, if not carefully scrutinize the card does not match the buyer inspection is likely to deliberately delay payment or refuse to pay.
Foundry SFP H3C SFP HP SFP
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