What are the main foreign exchange risks faced by foreign trade enterprises in China?

International trade risk mainly refers to the risks that occur in the course of international trade business. At present, there are three major risks in China's foreign trade.

1 Policy risk

Policy risks mainly stem from the intensification of trade frictions between countries, the increase of anti-dumping cases and the existence of technical barriers to trade. At present, world trade relations are complex and changeable. On the one hand, global economic integration and www.fxpro.cn/? . Ib = 1025860, world trade liberalization is the inevitable trend of trade development; On the other hand, regional economic cooperation under the framework of the World Trade Organization has developed rapidly, and exclusive trade protectionism is on the rise. Although tariff barriers are becoming more and more transparent as a means to maintain the domestic market, many developed countries use technical barriers to trade as a means to squeeze foreign competitors out of the domestic market.

2. Operational risk

In international trade contracts, price terms have their own special expressions, namely trade terms. Moreover, as a general trade rule, the terms of trade also stipulate the rights and obligations of both parties in the corresponding links. Therefore, how to correctly operate trade terms is very important. The nature of trade terms should be consistent with the nature of the sales contract, and the relevant clauses in the contract should be consistent with the nature of the contract, consistent with the content of the trade terms used, and should not conflict. If China's foreign trade enterprises are not familiar with trade terms and operate improperly in international trade, they will easily be used by illegal foreign businessmen, bringing unnecessary disputes and even causing great economic losses.

3. Exchange rate risk

Unlike domestic trade, which takes local currency as the settlement object, in international trade, there is a conversion ratio between local currency and foreign currency in import and export trade settlement. Moreover, this proportion fluctuates due to the fluctuation of the international foreign exchange market, which leads to the fluctuation of the actual income of enterprises, thus making enterprises have certain risks. Therefore, preventing foreign exchange risks is a key issue that foreign trade enterprises should pay attention to. The fluctuation of exchange rate will directly or indirectly affect the foreign currency expenditure business and foreign currency income business of enterprises, that is, foreign exchange settlement business. When the foreign currency appreciates and the local currency depreciates, the actual payment in local currency will increase, and the import tariff and import value-added tax will increase, thus reducing the net profit of foreign trade enterprises.