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China Trade Solutions Ltd, the Shanghai/Hong Kong-based forfaiting and advisory company, is expanding into India.


Says Holger Kebernik, managing director: “Our 100%-owned subsidiary, Trade Solutions (India) Pvt Ltd, has already been registered, and we are in the process of completing formalities. At present, we are discussing certain cooperation opportunities in that market, and we expect to be “up and running “during the first half of 2005 with two local staff. We believe that India, despite being a very competitive market, has a lot of potential in terms of forfaiting and other trade finance products, and our ability to structure and place also more difficult transactions in terms of country risk and documentation should ensure that we can get our share of the local market.”