The Benelux Chamber of Commerce in China, the French chamber of commerce, the German chamber of commerce, the Swiss Chamber of Commerce in China, the Canadian Council and the Spanish chamber of commerce are delighted to invite you to a business event on Friday April 8 2011:
Coface: Payment Risks of the Fast-growing Dragon
China just became the 2nd largest economy in 2010 and will maintain a rapid growth rate in 2011 at just under 10%. With slow economic recovery of industrialized countries last year, China has focused attention on increasing domestic consumption and becoming less reliant on exports as a growth driver. How was the payment situation of domestic market in 2010? Has it improved because of China's internal economic growth, or worsened by higher inflation pressure? What are the major concerns of Chinese enterprises in 2011 in relation to their buyers credit?
Coface, an international credit insurance and credit management services group, conducted its 8th survey of corporate management in China to study the payment experience and credit management practices of 1,000 Chinese enterprises in the last quarter of 2010. The findings of the survey will give you insights on payment risks when dealing with Chinese companies.
- What is the latest default situation in the China market?
- Will the positive impacts from the stimulus package back in 2010 continue this year?
- What types of companies are more risky to trade with?
- Which industries are more risky in China?
Benjamin Gan ( Coface)
Benjamin Gan, a Singaporean, is the Deputy Regional Manager for Risk department of Coface Greater China. He has been with Coface Singapore since 2001 and has been relocated to Shanghai in 2006. Over his years with Coface, Benjamin has experience in underwriting trade limits in the Asia Pacific region. He manages a profitable risk portfolio of our clients in China and he is also responsible for conducting credit research and analysis on corporates where Coface has key exposures.
Before joining Coface, Benjamin was a Credit Analyst in Corporate Planning of Mitsui Asia Headquarters Pte Ltd. Reporting to the Director of Finance, he was responsible for the Risk and Cash Management of the various subsidiaries in the Asia Pacific region. Besides monitoring their business results through financial models, he also sets strategic plans to enhance their performance.
Since graduating from Nanyang Technological University in 1994 with a Business Degree, Benjamin has been working in the Banking sector for 6 years. He was a Relationship Manager, Wholesale Corporate Banking in Oversea-Chinese Banking Corporation Limited (OCBC) where he was responsible for accounts acquisition and portfolio management. Prior to this, he was a Senior officer, Corporate Banking in Tat Lee Bank Ltd.