“抢出口”贷款考验

Core Viewpoint - The recent adjustment of tariffs between China and the U.S. has led to a surge in export activities among Chinese foreign trade companies, as they aim to fulfill backlog orders within a 90-day window to avoid higher tariffs in the future [1][2][4]. Group 1: Impact on Export Activities - Many foreign trade companies are racing to secure shipping slots and expedite production to meet U.S. customer orders within the 90-day window [1][5]. - The manufacturing PMI in May increased to 49.5%, indicating improved export conditions due to the tariff adjustments [4]. - Shanghai port's container throughput reached 4.65 million TEUs in May, a year-on-year increase of 10.2%, reflecting the heightened export activities [5]. Group 2: Banking Sector Response - Banks are closely monitoring the export activities of foreign trade companies, as the ability to deliver orders within the 90-day window is crucial for trade financing [2][8]. - Banks are adjusting their credit strategies based on the latest trends in export activities, providing support to companies that can meet the delivery deadlines [11]. - There is a growing demand for customized financial services from banks to support the unique needs of different foreign trade companies [3][10]. Group 3: Challenges and Strategies - Some foreign trade companies are facing challenges in securing shipping slots and managing production schedules, leading to varying levels of confidence in meeting the 90-day deadline [9]. - Companies are considering changing their contracts to FOB pricing to mitigate risks associated with tariff fluctuations [6][10]. - The uncertainty surrounding U.S. tariff policies has led to increased interest in foreign exchange risk hedging products among small and medium-sized foreign trade enterprises [10].