Market Size of China Trade Finance Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR (2024 - 2029) | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Trade Finance Market Analysis
The China Trade Finance Market is expected to register a CAGR of greater than 4% during the forecast period.
The China Trade Finance Market is anticipating during the forecast period. Trade finance includes lending activities, factoring activities, forfeiting activities, letters of credit, export credit and financing activities. Trade finance involves several parties involved, including buyers and sellers, trade financiers, export credit agencies, and insurance companies. Trade finance can take many forms depending on the degree of confidence between counterparties and the amount of funding required from banks.
Suppose the transaction only involves the importer and exporter. In that case, it can be completed on an open account or a cash-in-advance basis (money is received before items are dispatched). Banks, nevertheless, play a part. To reduce the risk of non-payment, banks provide products. The exporter asks the exporter's bank to produce documents and obtain money from the importer as part of the documented collection.
