China’s appetite for imports fosters Asia trade flows
Beijing’s efforts to stimulate consumer demand are aiding regional exporters and promoting use of trade finance. While this concentration may offer banks challenges, the move is a welcome fillip for a pressured industry.
To say it has been a difficult year for trade finance would be an understatement.
The onset of the global financial crisis in late 2008 led to a complete collapse in regional trade volumes as consumer sentiment collapsed and a breakdown in trust between counterparties caused the cost
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