MEDIUM RISK for entreprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD14318.4bn (world ranking 2, World Bank 2019) |
Population | 1397.3mn (world ranking 1, World Bank 2019) |
Form of state | Communist State |
Head of state | Xi Jinping |
Next elections | na |
(% of total)
Exports | Rank | Imports |
---|---|---|
United States
18.0%
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1 |
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Hong Kong
14.6%
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2 |
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Japan
6.0%
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3 |
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Korea, Republic of
4.4%
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4 |
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Germany
3.0%
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5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Electrical machinery, apparatus and appliances, n.e.s.
13%
|
1 |
20%
Electrical machinery, apparatus and appliances, n.e.s.
|
Telecommunication and sound recording apparatus
12%
|
2 |
9%
Petroleum, petroleum products and related materials
|
Office machines and automatic data processing machines
9%
|
3 |
9%
Metalliferous ores and metal scrap
|
Articles of apparel & clothing accessories
8%
|
4 |
5%
Professional and scientific instruments, n.e.s.
|
Miscellaneous manufactured articles, n.e.s.
7%
|
5 |
5%
Road vehicles
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
The court system is complex and suffers from a lack of transparency, delays and high costs. As enforcement results are poor, amicable or non-litigation collection is the preferred option.
The insolvency framework is complex, with liquidation as the default procedure.
Contact Euler Hermes
Economic Research Team
research@eulerhermes.com