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The Authors of the Chinese version of Global Credit Management - an Executive Summary, Ming Li (of Ingatestone, Essex) and Ron Wells (of Woking, Surrey) visited Shanghai Book City to witness promotion activity underway and to sign copies of their publication.

Later in the same week in September 2007 the authors delivered a bilingual presentation on Country Risk Management at the 4th China International Credit and Risk Management Conference in Shenzhen, Guangdong, PRC.

The initial reaction of readers of the book in both cities was positive.  One banker who bought the book on the first day of the conference, for example, read it until 1am the following morning, then returned to the conference to buy four additional copies for colleagues.

This is the first book about international business-to-business (B2B) credit management to be made available in Chinese; making the information instantly accessible to Chinese literate executives and business students in the People's Republic of China, Singapore, at Universities in the UK and elsewhere in the world.

The People’s Republic of China (PRC) has some 300,000 businesses engaged in exporting goods, yet only about 5,000 utilise credit insurance and the vast majority have no in-house credit management functionaries. 

The PRC government estimates that Chinese exporters are incurring bad debts in the region of 10% of export revenues.  Thus billions of dollars (US) in export revenues are not being collected.  The equivalent bad debt losses incurred by US exporters run at only around 0.5% of export revenue.

This book provides executives with a practical guide to enable the establishment of essential credit management practices, yet it is written in a format that is easy to read and understand. 

The book consists of 250 pages.

Global Credit Management - an Executive Summary (ISBN: 978-0-470-85111-1) is published in English by John Wiley and Sons Limited. 

The Chinese version called Huan Xin Ping Heng Biao Shang De Shui Shi - Guo Ji Xin Yong Guan Li Shi Yong Zhi Nan / Awaken the Sleeping Lion on the Balance Sheet (ISBN: 978-988-99586-1-9) is published by T3P LIMITED.  Copies are available outside the PRC through www.t3plimited.com.

Shanghai Book City is one of the largest bookshops in the PRC; it consists of seven floors of retail space.

 

 
 
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