Spotlight

From copycat to early bird: Taking stock of China’s 5G ambitions

From copycat to early bird: Taking stock of China’s 5G ambitions

05/21/2019

China coordinated its approach to 5G and some successes are already visible. However, China still relies on imports, especially for high-end products, leaving the sector exposed to protectionist threats. Moreover, the deployment of 5G networks by Chinese companies is perceived as a cybersecurity risk by many recipient countries. The US is banning Huawei equipment and pressing its allies to do the same, which could limit the growth of Chinese 5G in the future (...)

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News

The turnaround in the industrial cycle hits companies in the chemicals sector in Europe and North America

04/24/2019

Signs of a slowing global economy continue to accumulate - 2019: the number of insolvencies will increase in two-thirds of countries (+3% in Western Europe) - The chemical industry in Europe and North America is suffering from fewer opportunities in the automotive sector - Improvements in assessments are concentrated in the Middle East, including Saudi Arabia's upgrade (B)

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Coface delivers a strong first quarter 2019

04/24/2019

Net income at €36.4m and RoATE at 9.0%, supported by full impact of Fit to Win plan, portfolio growth and sound underwriting management

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In a global economic slowdown, luxury continues to outperform but faces new challenges

05/15/2019

Counterfeiting, e-commerce, Chinese consumers importance, even if it is generally relatively spared by recessions, the luxury market must adapt to a profoundly changing economy if it does not want to lose its exceptional status.

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Despite five years of Modinomics, India continues to be constrained by economic fragilities

04/09/2019

When Narendra Modi ran for Prime Minister in 2014, he pledged to boost the competitiveness of India’s industrial sector to promote growth. Modi will be running for president again in India’s general elections between 11 April and 19 May (...)

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Coface announces the publication of its 2018 Registration Document

04/03/2019

The 2018 Registration Document includes the following information: The 2018 Annual financial report; The Report on corporate governance (attached to the management report); The Statutory Auditors’ reports and the news release concerning their fees; The description of the share buyback program; The draft resolutions submitted to the vote of the Combined Shareholders’ Meeting of May 16th 2019; The Non-Financial Performance Statement.

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Central Asia, China, and Russia: a three-way partnership of reason

04/24/2019

Located on two branches of the New Silk Road (Belt and Road or B&R), Central Asia is both a trading partner and gateway for China and Europe; Russia’s long-standing influence in the region through expatriate transfers, its military bases, and culture is also of note. For the moment, China and Russia find reasons for rapprochement in their opposition to Western ideas and their fight against the spread of radical Islam. However, the balance of power could soon change as China is the largest provider of funding for corridor development in the region.

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1,385 M€ OF TURNOVER IN 2018
 200 COUNTRIES COVERED
 ~4,100 employees 
 €540 Billion RECEIVABLES GUARANTEED
 AA- (Stable Outlook) FITCH
 A2 (Stable Outlook) Moody's
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Partners

  • PING-AN_square100
    		  Credit Insurance Partner
     
    Our Partner in Mainland China.
    Ping An Property & Casualty Insurance Company of China ltd. is the subsidiary of Ping An Group, the second largest P & C Insurance company in China.
     
     
    In 2003, Coface supported Ping An P & C Insurance Company of China Ltd. to launch the 1st short term domestic trade credit insurance in Mainland China, protecting local enterprises against the risk of non-payment.
     

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Contact

HONG KONG
29/F, Lee & Man Commercial Center
169 Electric Road
North Point, Hong Kong
 T. +852 2585 9188
F. +852 2585 9100
coface.hk@coface.com
 
 
MAINLAND CHINA
Suite 1319-1338, Shanghai Central Plaza
381 Middle Huaihai Road
Shanghai 200020, P.R. China
T. +86 21 6171 8100
F. +86 21 6288 0009
shanghai@coface.com
 
 
TAIWAN
Room A5, 6/F, No 16
Section 4, Nanjing East Road
Taipei 10553, Taiwan, ROC
T. +886 2 2577 5797
F. +886 2 2577 5795
taipei@coface.com
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