China Export&Credit Insurance Training

Last week, the company organized a CITIC training to avoid business risks and stop losses in a timely manner.

In fact, looking back now, whether it is developing customers or avoiding risks, you can use the tool of credit insurance.

Export credit insurance is a special policy measure that provides risk protection for enterprises’ legal rights (debt rights) in economic activities such as export trade, foreign investment, and foreign project contracting by underwriting commercial credit risk and national political risk. Simply put, it is to protect your export foreign exchange collection risk. What exactly is the export foreign exchange collection risk? This risk is divided into two categories, one is called commercial risk and the other is called political risk.