Why have the authors decided to publish Global Credit Management
in Chinese?
There are two major reasons:
Firstly;
Chinese firms are currently suffering badly from a credit
management crisis, not only in
international trade, but
also in domestic transactions. In
2004 Chinese firms accumulated bad debt up to
Secondly;
Finding a way to train and educate Chinese firms to manage credit
is extremely important for
the health of the Chinese
economy.
The most important strength of this book is that it has been written
from a practitioner’s perspective.
It
covers almost all aspects
of the complete practical process of credit management.
It starts from the
strategic height of credit
management, systematically presents how to manage customer risk, country
risk, and goes on to
explain the actual credit management tools and their respective
strengths and
weaknesses.
It reads very clearly and the style is refreshing.
It provides a useful guide for professional
managers new in the field,
and is an inspirational book for those really experienced.
I believe this book will be extremely useful and helpful for Chinese
firms and managers as they strive to
