A study of credit risk of Chinese small and medium-sized foreign trade enterprises in overseas market development : Case Study of X group

Abstract

Under the circumstances of fully open of China, in the face of monetary, foreign exchange, and credit risk, it is not a timely, accurate, accurate assessment method; therefore, in the process of development, small and medium-sized foreign trade companies need to build a scientific and reasonable export credit risk management system. The study mainly focuses on X group as an example. This paper analyzes the current situation of export credit risk management of small and medium-sized foreign trade companies, and then proposes corresponding solutions to the problems existing in the export credit risk management of small and medium-sized foreign trade companies. Based on the documentary research method and case analysis method, this paper tries to carry out an analysis from the perspective of identification, assessment and management of export credit risks of small and medium-sized foreign trade enterprises in China's inland, and selects X Group as the case to explore the credit risks of small and medium-sized foreign trade enterprises in overseas market development. Moreover, this paper analyzes the credit risks of X market in overseas market development, and proposes strategies to deal with credit risks from three aspects: before, during and after the event, hoping to provide reference for the construction of credit risk control system and theoretical research of Chinese small and medium-sized foreign trade enterprises in overseas market development