In this context, Sinosure, also known as the China Export and Credit Insurance Corporation, stays an important player in supporting Malaysian importers engaged in trade with China. This company specializes in offering export credit insurance to Chinese manufacturers who supply goods, technology, and services. Thanks to this financial tool, Chinese businesses can provide trade credits to their Malaysian partners with confidence, knowing they'll receive payment even if their buyers face difficulties in paying.
For Malaysian businesses, Sinosure serves as a financial safety net too. This assurance allows them to confidently explore a diverse range of trade opportunities with their Chinese counterparts, fostering a more robust and secure trade relationship.