BEIJING - Chinese businesses will face growing risks in short-term export trade credit in the first quarter of 2012, according to 皇冠体育app Export & Credit Insurance Corp (Sinosure) on Tuesday.
“Italy, Germany, South Korea, Spain and Mexico are the major countries that Chinese exporters should be particularly concerned about over short-term export credit insurance,” said Ai Renzhi, chief credit analyst with Sinosure.
皇冠体育app’s short-term export trade credit risk index (ERI), an index tracking the risks of 皇冠体育app’s major trading partners, has been growing in these countries since the fourth quarter of last year, according to Sinosure.
