The Coface Group has opened its new subsidiary, Coface China, with an office in Shanghai. Coface Group is a leading export credit aganecy and trade facilitator which specializes in providing trade credit insurance and information on potential trading partners.
Coface China will allow global companies and Chinese companies to assess the credit of their trading partners through Coface's proprietary Rating Solution, an online company trade debt system.
Other services that will be available to clients include access to the Hua Xia International Business Credit Information database and the Kompass China directory of companies operating in China.
The move comes as China prepares to enter the WTO. Most anlaysts predict that the country's already strong...