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ID:463001
大小:54.00 KB
页数:12页
时间:2017-08-05
《银行将在中国开展供应链金融服务【外文翻译】》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、外文翻译原文BanksTurntoChinaforSupplyChainFinancingMaterialSource:GroupProductManager,SupplyChainFinance,StandardCharteredBankAuthor:BrandonFeng Synopsis:IntimeswhenclientsofregionalbanksareincreasingtheirdealingsinChinawithouttheprotectionoflettersofcredit,suchbank
2、swillneedtoenterintopartnershipswithsupplychainfinancinginAsia.Thiswillenablethemtoremaincompetitiveintheirhomemarkets,especiallyagainstmoreglobalbanks.OECDCompaniesExpandingTradeWithChinaThereareanumberofstrongregionalbanksintheUnitedStates,theEuropeanUnionan
3、dAustraliawhosestrategyrevolvesaroundbeingacomprehensiveproviderofbankingproductsandservicestocorporateclientsintheirhomemarkets.Butasthesecompaniesseektobecomemoregloballycompetitive,theyareconstantlylookingtoexpandtheirmarketsandachievecostefficienciesbyshif
4、tingsourcingtolow-costmanufacturingbases.AmarketthataccountsforthemostsignificantcontributortothisshiftisChina.Itisnotonlyoneofthebiggestandfastestgrowingmarketsforcompaniesinthedevelopedworld,butalsooneofthemostcost-effectivesourcesofsupply.Thishasresultedinr
5、apidgrowthintradeinthelastdecadebetweenChinaandcompaniesfromcountriesintheOrganisationforEconomicCo-operationandDevelopment(OECD).Thistrendhasimplicationsforregionalbanksindevelopedmarkets(‘OECDbanks’)intermsoftheirabilitytoprovidefulltradeservicesfortheircorp
6、orateclients.TheyneedtodevelopagoodunderstandingofChinatobeabletocovertheirclients’tradewithcompaniesthere.Thisinvolvesprovidingriskprotection,arrangingforfinanceatbothendsofthetransaction,andgenerallyfacilitatingefficienttrade.OECDBanksandCompaniesUsedtoBenef
7、itfromLettersofCreditThechallengeforOECDbankswithnopresenceinChinawouldnothaveseemedsoinsurmountableintheerawhenmostinternationaltradewasconductedusinglettersofcredit(LCs).Byenteringintocorrespondentbankingtie-upswithChinesebanks,OECDbankscouldmitigatealotofth
8、erisksoftradingwithChinesecompanies.LCsenabledtheOECDbankstoextendtheirtradeofferingstocoverbothsidesoftheirclients’tradewithChina.Forexports,theOECDbankscouldusetheLCfromthebuyer’
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