IDEAS home Printed from https://ideas.repec.org/a/asi/ijoass/v7y2012i1p1048-1055id2284.html
   My bibliography  Save this article

Risks of Currency and Method Choices of Chinese Enterprises’ Export Settlement and Countermeasures: An Investigation on the Canton Fair

Author

Listed:
  • Zhu Wenzhong
  • Zhang Yaqi
  • Fu Limin
  • Mo Qin
  • Lu Guanting

Abstract

Due to the depreciation of US dollars and the shortcomings of L/C settlement method, Chinese enterprises have come across some new tendencies of change in choices of export settlement currency and method, such as the reduction of using US dollars as a settlement currency, the increase of using T/T payment method, and the decrease of using L/C payment method. The paper analyzes and concludes that these trends of change are the reasonable choice of Chinese enterprises to confirm with the law of market, but at the same time, they may bring about some potential risks to them, therefore, they is suggested to take some countermeasures to handle these changes.

Suggested Citation

  • Zhu Wenzhong & Zhang Yaqi & Fu Limin & Mo Qin & Lu Guanting, 2012. "Risks of Currency and Method Choices of Chinese Enterprises’ Export Settlement and Countermeasures: An Investigation on the Canton Fair," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(1), pages 1048-1055.
    • Handle: RePEc:asi:ijoass:v:7:y:2012:i:1:p:1048-1055:id:2284
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5007/article/view/2284/3539
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ijoass:v:7:y:2012:i:1:p:1048-1055:id:2284. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5007/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.