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Our Subscribers Say...
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Thales Navigation, Inc.
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Fulton Paper Company
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International Credit Today
If you are not doing international credit today, you may be doing it in the next year or two. Learn the ins and outs of doing business in Mexico and South America and the future of business in Asia. We tell you how to collect foreign debts, how to use international credit reports, how to do international collections by telephone, the meaning of the key Incoterms, and the uses of forfaiting and letters of credit.
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Speaking Credit
The role of English as the universal language of business is ending. With the expansion of global trade, markets are developing where any knowledge of English, much less fluency, is rare. That's not j . . . keep reading
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A Boost for Exports to China?
September 2007
Looking at a 5.6 percent increase in the consumer price index? A 15.4 percent year-over-year increase in food prices? An 18.5 percent increase in M2, the broadest measure of money supply? Some experts . . . keep reading
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"Most Favored Nations Clause"
When you receive an offer from an insolvent debtor you may be hesitant to accept, not knowing if you're getting their best deal. No one wants to be taken advantage of. For these situations, collection . . . keep reading
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Eleven Percent of China’s Exports to One Firm
December 1, 2005
We read a lot about the trade imbalance with China and also about Wal-Mart these days, and of course, many of our readers have Wal-Mart as their biggest customer. So we thought we’d throw out some statistics just to give a little perspective on things. A recent report in the Washington Post noted that there are 3,000 factories in China making the products that go on Wal-Mart’s shelves. Further, in 2003, Wal-Mart imported $15 billion worth of goods from China, or 11 percent of China’s total exports to the United States. There is a huge imbalance in our trading with China – namely, American consumers are purchasing cheap goods through Wal-Mart and other retailers, and the Chinese are being paid for their cheap labor in dollars. They’re using those dollars, in turn, to buy treasury bills which is what’s been funding our deficits and helping keep interest rates low. . . . keep reading
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A Wolf in Sheep’s Clothing: Avoiding the Hidden Perils of International Distribution (Fall Conference Bonus)
By Jennifer Schwesig, Armstrong Teasdale, LLP
The most common, and dangerous, mistake that anyone can make when dealing with international distributors is to treat the international relationship in the same manner as the domestic one. Since international issues and the accompanying distinctions are not always readily apparent, they can be difficult to spot and easily overlooked. Being unaware or otherwise turning a blind eye to these differences will only result in larger problems down the road. . . . keep reading
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China is International Wild Card
October 1, 2004
The Chinese economy has been near overheating for months and the government is taking active steps to restrict investment in order to slow the pace down. Despite these intentions, the Chinese are gobbling up the world’s commodities at a record pace. . . . keep reading
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4 Ways Global Recovery Could Be Derailed
May 1, 2004
Global credit insurer Coface (www.cofacerating.com) publishes a world country-risk index that rates risk overall for the globe. In addition, the index examines trends by region. The latest figures released show a generally favorable growth outlook and improved payment and solvency indicators in many world regions. But they caution that the good news may be undermined by the following regional phenomena: . . . keep reading
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