The World Bank recently released" temporary trade barriers database" report shows the first quarter of this year, including a new global initiative anti-dumping, countervailing and safeguard the temporary import restrictions, etc., trade remedy cases fell 20%, but 47% of new cases and 82% of trade investigations have been completed surveys for trade or involving China. This information is fully demonstrates that the risk of import and export enterprises in China has entered the focus of the outbreak. International trade environment in China despite drastic changes, so do not bring about systemic risk against it?

last year on six months, AS company ordered from Russia 172.4 tons of rubber per ton of cargo valued at 96,000 yuan, on arrival in mid-September are catching up with the international financial crisis spread to the corporate entity, Bohai Bay, Yangtze River Delta, Pearl River Delta a lot of trade processing sharp decline in orders from overseas companies, rubber, steel and other bulk raw materials, lower demand, China Chinese market prices down to 23,000 yuan per ton, according to 25,000 yuan per ton if sold, plus transportation costs, companies suddenly loss of more than 2000 million yuan. Despite the end of 2008 rubber futures prices have fallen below the million mark, but did not alert enough to cause AS, the company invested a large sum of money instead of ordering rubber. In addition, the contract did not trade the risks of price changes has been agreed. Interweaving of multiple factors, led to disaster. Absence of the company's risk awareness AS Tixian in 3 aspects: First, there is no established system of risk prevention awareness, the boss alone to judge a person's experience; and second, the potential risk of loss and trading partners to share; Finally, the lack export credit insurance and other risk transfer instruments and tools. Early Warning System to build the international financial crisis is not coming overnight, enterprises can establish their own early warning system to monitor these anomalies, such as the trading price anomalies, abnormal trading volume, trading volume and abnormal. First, companies need to identify risks, present, many financial institutions, stress testing has been widely used approach to risk assessment and quantification of business risk. I think that, in fact, this method can also borrow foreign trade enterprises. A risk warning system, the enterprise needs full participation, establish and improve risk reporting system, provides a good report writing and reporting path, so that monitoring of employees of different positions to the risk information, anytime, anywhere to pass unimpeded to the relevant person in charge in order to take timely preventive measures. Internet and information technology, making import and export enterprises can build their own platform for risk control, AS companies can build their own risk monitoring network, once the monitor outside of China and abnormal fluctuations in rubber prices, immediate risk to the police. Similarly, foreign trade import and export enterprises, but also through the national customs authorities for import and export prices and quantities of the exact data from the official website of the government departments to obtain timely information on macroeconomic policies, or even to provide policy assistance from the embassies and trade data. Internet platform, risk control software can be integrated into the enterprise information technology platform to create a practical risk early warning system.

take a look toy factory in Fujian Province, the tragedy of LD. LD toy factory in Fujian and the leading U.S. seller of Mattel toys, signed a cooperation agreement, Mattel toy factory responsible for production of the Fujian LD toy sales to the U.S. market. However, during this period exceeded the lead in children's toys, product recalls, resulting in direct economic losses of the company LD 3000 million U.S. dollars, so the boss committed suicide, the enterprise so into the abyss beyond redemption, but Mattel is intact. Also face a risk event, the fate of American companies are very different. Objectively speaking, the level of risk management of both companies significant differences exist. Chinese companies trading in the market process, only concerned with orders and revenue, while knowledge and ideas on risk prevention are unknown. The Western countries and means of risk management techniques has reached a mature, enterprise risk control capability well into the process and standardized management of age. The case, Mattel has a set of risk management methods and measures, they added a signing of the contract" if a product recall by the supplier is responsible for liability," the soft terms, is by virtue of the soft terms, when the toy called the risk of back occurs, the risk of Mattel can all transfer to the supplier LD company. If LD is also a corresponding risk management measures, I believe that tragedy can be avoided. There are several ways you can spread some of the foreseeable risks: trade both parties share the risk, insurance risk transfer tools, the use of forward contracts to hedge against risk and other risks. Those intensity, frequency of high risk, should take decisive measures to avoid, boldly give up this single business.

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