With China rising to become a major trading nation, Chinese SMEs are accelerating the expansion of their global business, trading with both developed economies like Europe and America as well as emerging markets in South America, Southeast Asia and Africa. By engaging in trade with foreign companies, these SMEs are not just selling Chinese products to markets across the world but also buying large quantities of raw materials and quality goods.
One of the challenges SMEs face when expanding their global business is their lack of a professional team to deal with the financial issues associated with cross-border trade, such as financing and management of foreign exchange risks. As a result, they rely on banks to acquire an accurate understanding of their business needs and provide them with the financial services they require.
As a matter of fact, companies that come to HSBC all have their own individual financial needs. Some hope that HSBC can help with trade finance for their cross-border transactions; others seek assistance in order to minimise foreign exchange risks, whereas some are attracted by HSBC’s global network and the assistance it can provide in establishing a secure and efficient cross-border payment and settlement system. Our global relationship managers offer much more than individual financial solutions - they provide a comprehensive system of professional financial services for cross-border trade in addition to a whole array of seamless global services. Their mission is to become “core partners” for SMEs during the expansion of their international trade, helping them not only “go global” but also do so successfully and sustainably.
Diverse Solutions for Trade Finance
Capital is the “blood” of any business - hence financial support is indispensable for SMEs’ expansion into overseas markets.
Source: globalconnections.hsbc.com
Certainly
by youdontthink Economically and politically that things just happen? wars just "break out"?
negative savings rate has little to do with international commerce, given the vast comparative disposable wealth in the US. we have a gdp north of $13.22T with a 20+ year growth rate record of over 3.1% per year with inflation averaging less than 2.4%, and people cluck like chicken little about a $70B trade deficit. This is the equivalent of someone spending $270 out of a $50,000 take home income. Not startling at all.
I am not happy with the current state of financial affairs. The cost of govt is over $2
Sr. Technical Marketing Engineer (Bids & Proposa
by SatelliteCommunications9 Responsibilities:
~ Create and prepare small, medium, and large scale proposals and quotes for domestic and international business.
~ Evaluate opportunities and generate pricing solutions on existing and potential clients in conjunction with the sales staff.
~Provide technical support for sales account executives on an on-going basis.
~ Initiate feedback and generate viable solutions on product development features and market demand.
~Facilitate sales presentations to customers as required.
~Assist department with trade shows
~Projects as assigned by management
Arrogance, Greed, No Accountability and ....
by LivingOnPurpose Irresponsibility Leads to 1 Trillion Dollar Disaster
In his recent best-selling book, What's My Purpose? A Journey of Personal and Professional Growth, Dr. Jim White emphasizes the importance of living a life on purpose. A strong sense of purpose, accountability, and responsibility are all qualities missing from Wall Street and Washington. Therefore, creating yet another 1 trillion dollar disaster.
Dr. Jim White has over 35 years International Business experience. He has purchased, turned around and sold 22 companies operating in 43 countries generating in excess $1
