Trade credit – Asian boom
Marsh China recently observed a significant increase in demand for trade credit insurance from Asian firms wanting to protect their balance sheets against the potential default of eurozone trading partners. Francesca Nyman asked several market insiders about the growth being seen and whether the eurozone's economic turmoil is the only reason.
The exact percentage of growth is debated, but most agree that, while Europe's credit insurance market has contracted during the past year, business in Asia is booming. While all observe the trend
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