Did you know SMBs are exploring new trading horizons in 2024? Our survey shows that entrepreneurs are sending and receiving fewer payments to/from the US, China, and Canada than last year ⬇️, but payments involving Brazil, India, Japan, and Germany are on the rise. ⬆️ Discover more trends in our second annual #SMBAmbitionsBarometer 👉 https://paynr.co/4f0urRr
Payoneer’s Post
More Relevant Posts
-
Senior Fellow, Initiative for US-China Dialogue on Global Issues School of Foreign Service, Professor
Extremely thoughtful piece that puts China's economic plight into perspective. When folks ask me who I follow closely, I always point to Wang Xiangwei. He is an unbiased and honest observer. Thanks for another lesson, Professor Wang.
My latest #ThoughtoftheDayonChina : Out of money or out of confidence? China’s recent decision to pump money into stock markets is a shot in the arm but Beijing must directly address the fears of entrepreneurs and consumers to get them spending again. https://lnkd.in/gB-B3TtW Want to read more from SCMP? Subscribe and save. https://lnkd.in/gYDuDe_q
To view or add a comment, sign in
-
Just to point out where I disagree with Wang Xiangwei. First of all, I don't believe that Xi's strategy has failed miserably. I think it has been a ***wild success***. China was addicted to real estate. Getting an opium addict to stop taking opium is going to be really painful and messy, but the first thing to do to have a healthy economy is to stop the addiction, and that is what we were doing for the last few years. Without drastic action to stomp on Evergrande and Country Garden, we would have never gotten to where we are now. The reason Xi needed to centralize power is that Jiang Zemin and Hu Jintao would not have let what happened happen. Second, I *don't* think that the problem in China is private sector confidence or overregulation. That *might* be the problem in Europe, but was not and is not the bottleneck in China. So what is. So a few weeks ago, I went up to #Shenzhen with the #FTAHK and we had a nice talk with the Fintech Association of Shenzhen and the government officials that were in charge of the HK-Shenzhen Cooperation Zone. Both the Shenzhen and Hong Kong governments are really supportive of cross-border technology cooperation. Okay now what? We have the pandas in the cage, how do we get the mommy panda and daddy panda to make baby pandas? It's not easy, because what is missing are the processes and institutions to do high tech development. All of the pieces are there. The money is there. The people is there. Most importantly the motivation is there. People will do things out of patriotism, or they will do things out of greed, either way all of the pieces are in the pot. But it will take some time to set up the institutions do move into high tech. It will happen. But its not going to be an easy process. Also the issue is not confidence. You have people sitting on big piles of cash, looking for some place to put it, but the institutions to make sure that money goes to useful things, just aren't there yet, and this is not an issue of confidence. Also the US tech war made things harder. Back in 2010, the solution was simple. Have the tech matchmaking done in the US. You ship the cash to the US, have US banks and VC funds fund Chinese projects. But that is shut down, and so China has to replicate these sorts of institutions. https://lnkd.in/g_aqr26C
My latest #ThoughtoftheDayonChina : Out of money or out of confidence? China’s recent decision to pump money into stock markets is a shot in the arm but Beijing must directly address the fears of entrepreneurs and consumers to get them spending again. https://lnkd.in/gB-B3TtW Want to read more from SCMP? Subscribe and save. https://lnkd.in/gYDuDe_q
Opinion | China’s stimulus will fall short without private-sector confidence
scmp.com
To view or add a comment, sign in
-
In April, the US trade deficit expanded by 8.7% to $74.6 billion, driven by a surge in imports, particularly motor vehicles, parts, and capital goods. Despite a slight increase in exports, the trade gap widened significantly. This development underscores the continuing challenges in balancing international trade and its implications for economic policy. For businesses involved in international trade and finance, understanding these shifts is crucial for strategic planning. At Quantum Finserv, we provide expert advisory services to help you navigate complex market dynamics and optimize your financial strategies. Contact us today to learn how we can support your growth in a changing economic landscape. #quantumfinserv #qf #usatradedeficit #economicpolicy #internationaltrade #marketinsights #financialstrategy #businessgrowth
To view or add a comment, sign in
-
𝐂𝐡𝐢𝐧𝐚'𝐬 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐒𝐞𝐜𝐭𝐨𝐫 𝐅𝐚𝐜𝐞𝐬 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐔𝐧𝐝𝐞𝐫 𝐍𝐞𝐰 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 China's consumer finance industry, worth about $120 billion, is poised for significant consolidation due to tighter regulations announced by the National Financial Regulatory Administration. The new rules, demanding a threefold increase in registered capital to over 1 billion yuan and a major investor with at least a 50% stake, aim to mitigate financial risks and boost sector health. With 10 of 31 consumer lenders falling short on capital requirements, and many lacking a qualifying major investor, the sector is expected to see mergers and new capital infusions, particularly from larger financial and internet companies. The sector, serving over 338 million borrowers, including many from vulnerable demographics, faces a transformation as it navigates the heightened regulatory landscape. #finance #news #China #ConsumerFinance #Regulations Source: https://lnkd.in/g4fqb9sW
To view or add a comment, sign in
-
Strategic Partnerships Business Development @ BAC Financials. Our mission is to listen and build meaningful partnerships.
Talk To Us, We will help your business overcome currency challenges. Ask Me How.
As 2024 unfolds, African economies are facing significant currency challenges. Bloomberg reports that dollar scarcity is pushing more African countries towards crisis, with the Nigerian Naira experiencing a historic low. This trend is echoed in AF24NEWS, highlighting the Naira's all-time low despite the US dollar's struggle in the international market. AbokiFX further reports on the hardships faced by Nigerians as the Naira hits a new low, emphasizing the growing need for effective currency management solutions. In contrast, Ivory Coast is making strategic financial moves, as reported by Nasdaq, planning to issue Eurobonds next week. Bloomberg also notes Ivory Coast's potential to lead African growth, setting an example for economic resilience. In these turbulent times, Cedar offers a beacon of stability and growth for businesses operating in these markets. Our expertise in foreign exchange management and cross-border transactions positions us to help you navigate these currency fluctuations confidently. Whether you're dealing with the Naira's volatility in Nigeria, exploring growth opportunities in Ivory Coast, or facing similar challenges in other African markets, Cedar is here to support your business's expansion and success. Embrace 2024 with Cedar by your side. Connect with us (https://bit.ly/3Rly4Gr) to discover how we can transform these currency challenges into opportunities for your business. Cedar, your partner in global expansion.
Cedar | Contact form
cedar.money
To view or add a comment, sign in
-
Payments capabilities are naturally a core part of global expansion although the volume of payments sent and received shifted this year. SMBs are sending/receiving fewer payments to/from the US, China, and Canada than they did last year, but payments to/from other countries, including Brazil, India, Japan, and Germany, are rising. Dive into our second annual #SMBAmbitionsBarometer to learn how SMBs are navigating markets and overcoming challenges while pursuing global growth opportunities in 2024 👉 https://paynr.co/4bHfiCD
SMB Ambitions Barometer 2024 | Payoneer
payoneer.com
To view or add a comment, sign in
-
🌍 Building Bridges in Trade: How Universebelief Traders' Flexible Credit Terms Are Revolutionizing International Transactions. 🌍 Did you know that traditional trade barriers are being dismantled by innovative credit solutions? Universebelief Traders is leading the charge in revolutionizing international transactions with their flexible credit terms. 💪 In today's global marketplace, businesses face numerous challenges when it comes to cross-border trade. Limited access to credit, currency fluctuations, and complex regulations often hinder growth and profitability. But Universebelief Traders is changing the game by offering a flexible credit system that bridges the gap between buyers and sellers, fostering trust and enabling smoother transactions. 🌐 With their unique approach, Universebelief Traders understands the importance of providing businesses with the financial flexibility they need to thrive in a competitive landscape. By offering extended credit terms, they empower buyers to make purchases without immediate payment, while sellers receive timely payments, reducing cash flow constraints. 💼 This innovative credit solution not only benefits businesses but also strengthens global trade relationships. By removing financial barriers, Universebelief Traders is fostering collaboration and opening doors to new opportunities. They believe that trade should be inclusive and accessible to all, regardless of size or location. 🤝 But don't just take my word for it! Many businesses have already experienced the positive impact of Universebelief Traders' flexible credit terms. Their testimonials speak volumes about the trust and reliability they have built with their partners, enabling them to expand their reach and grow their businesses. 📈 So, if you're tired of navigating the complexities of international trade, it's time to explore the possibilities that Universebelief Traders offers. Join the growing community of businesses that have embraced their flexible credit terms and witness the transformation in your own trade operations. 💼 Like this post if you believe in breaking down trade barriers and reshaping the future of global commerce. Share your thoughts and experiences in the comments below, and don't forget to repost this post if you found it helpful. Together, let's build bridges in trade and create a more connected world. 🌍 #TradeRevolution #FlexibleCredit #GlobalCommerce
To view or add a comment, sign in
-
The market's attention was largely focused on China during the past week. The country's officials announced a raft of measures aimed at boosting consumption, property demand, and stock market liquidity. The People's Bank of China lowered its reserve requirement ratio, the repurchase rate, the medium‐term lending facility rate, and hinted at a potential cut to the loan prime rate. A flood of fiscal spending was also announced with upcoming bond issuance expected to reach roughly half of the amount spent to counter the Great Financial Crisis. https://lnkd.in/ePgpRJkU
Article title
parkavenuesecurities.com
To view or add a comment, sign in
-
All are moving so faster, social, economic, and culture of the digital part. Be safe and working togethet could finish in better way. By know i will share the common brokers. #China #brokers #BESTInternational https://lnkd.in/eTwMgaA4
Best international online brokers in China
brokerchooser.com
To view or add a comment, sign in
-
North America Sales Head - J.P. Morgan Trade & Working Capital Finance; Global Head of Trade & Working Capital Advisory
I'm back on LinkedIn after a long hiatus focusing on baby #4, this time looking at one of my favorite topics: "Hecho en Mexico" (and beyond)! As U.S. trade flows continue their ascent with our partners south of the border, corporates are exploring sourcing opportunities in markets such as Chile, Colombia, Costa Rica, Brazil, and (the new # 1 heavyweight) Mexico. What's the full impact of shifting trade corridors, current geopolitical challenges, and economic headwinds? Candidly, we don’t know yet. How can you grow despite the clear challenges ahead? We’ve got some tips. https://lnkd.in/gwr6RiB2 #jpmorganpayments #trade #workingcapital #2024trends #hechoenmexico
5 Trends in Trade for 2024 | J.P. Morgan
jpmorgan.com
To view or add a comment, sign in
199,339 followers
Contracts Specialist | Contract Drafting | Legal Compliance | Contract Negotiator | Vendor & Procurement Contracts | Risk Management
2moPayoneer It has been over 2 weeks and my withdrawal is pending with no update despiting contacting numerous times. Don't know what kind of TAT you people are following in the name of maintenance support downtime. Pathethic customer support. Ticket ID is 240705-021154 John Caplan Bea Ordonez Micheal S., Please look into this and extend your support.