Research On The Risk And Guarantee Measure Of The L/C In The Xinjiang Foreign Trade Payment

With the development of the world economy, the L/C becomes a main payment in the international trade and is used by the Chinese dealer more and more. The bank credit reduces the risk of the international trade, but the parties of the L/C still bear all kinds of risks, and many dealers are faced to the loss in the practice. Therefore, it is very necessary for Chinese corporations to research the risk of the L/C and know how to defend against them. Meanwhile, it is very important for us to enter into the international trade market.On the basis of the application of the L/C in the Xinjinag foreign trade, the author analyzed the kind of the applied risk and the reasons and put forword some useful and reasonable ways to prevent from these risks together with the development and the new changement of the Xinjiang foreign trade. On the same time, the author also give some suggestions for the application of the L/C in the the Xinjiang foreign trade payment.