Germany Corporate Payment Survey 2020: German companies have switched to “crisis-mode” and offer less payment terms続きを読む
The COVID-19 crisis has triggered a discussion on increasing supply chain resilience to foreign supply shocks.
Before the pandemic’s arrival in Europe, a lockdown of factories that temporarily suspended manufacturing in China put the supply of intermediary goods at risk. In order to limit such risks, supply chain managers are likely to diversify their sources of supply.
The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, in order to limit the virus’ propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.続きを読む
Spain and Italy will be amongst the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively in 2020, according to Coface’s forecasts. Taking a closer look at the health of Spanish and Italian corporate balance sheets should help identify pockets of vulnerability where widespread defaults are more likely to materialize.続きを読む
The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many companies as employees cannot go to work and in a fall in consumption because of mobility restrictions. The decline in revenues has deteriorated companies’ cash positions, fostering an increase in payment delays – and, ultimately, payment defaults.続きを読む
13 major sectors assessed worldwide. Coface assessments are based on 70 years of Coface expertise and on the financial data published by listed companies from 6 geographical sectors. 5 financial indicators are taken into account: turnover, profitability, the net debt ratio, cashflow, and claims observed by our risk managers.続きを読む
コファスの2020 年中国企業支払い動向調査では 、1 000 社以上の中国企業について 、 2019 年後半の支払い動向を調査した 。 データは第 4 四半期に収集されたため 、 COVID 19 の流行が中国経済に及ぼす影響は反映されていない 。 この点に注意すべきではあるが 、 調査の結果 、 2019 年の支払い動向は悪化しており 、 2020 年の景気減速との関連で中国企業にとって厳しい兆候となっている 。 GDP 成長率は過去30 年で最低水準の 1 0 となることがコファスは予想される 。 経済活動と支払い遅延の相関関係から 、2020 年には支払い動向の急激な悪化が予測される 。続きを読む
In the midst of the COVID-19 pandemic, global trade has been dragged down by numerous factors. However, as tight border controls begin to ease and producers begin to adapt, the good news is that global value chains still have a bright future.続きを読む