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Brief information on China, PR

| Short-term | Large-scale projects are considered for cover on a case-by-case basis. Beyond that there are no formal restrictions on cover. |
|---|---|
| Medium/long-term | Large-scale projects are considered for cover on a case-by-case basis. Beyond that there are no formal restrictions on cover. |
| Collateral | As a rule, collateral from an accepted guarantor
is required. This requirement may be waived in connection with
cover of political insolvency risks. In connection with short-term transactions the security requirement may be waived if there is satisfactory insight into the foreign buyer’s creditworthiness. For medium and long-term transactions the requirement for bank security may be waived on a case-by-case basis after a rigorous assessment of the buyer’s/borrower’s creditworthiness. |
| Country risk category | 2 |
No responsibility is taken for the correctness of the information provided
More detailed information on the cover policy can be found in all
articles of the AGA-Report
on China (German version only) and country information
on commercial practices, business climate, market analyses, law,
import procedures, customs duties can be found on the
website
of Germany Trade & Invest (gtai).
The senior country advisers for China will be pleased to answer your questions
- on single transaction cover: Mr Wolfgang Knur, phone: +49 (0) 40 / 88 34 - 95 17
- on revolving and wholeturnover cover: Mr Detlev Wriede, phone: +49 (0) 40 / 88 34 - 90 25
- on economic analyses: Mr Jörg Walter, phone: +49 (0) 40 / 88 34 - 91 01

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