Research On Financial Risk Management Of L Foreign Trade Company Under The Background Of Sino-US Trade Friction

With the continuous development and improvement of global economic integration,trade between countries around the world is developing in a blowout way.However,under the influence of the post financial crisis and trade barriers,the competition among the economic development subjects in trade is becoming increasingly fierce.In the current stage,the trade disputes between China and the United States are becoming increasingly fierce,and the existing problems are becoming increasingly prominent,which has caused great impact on both sides.Although the total volume of China's foreign trade import and export did not increase significantly in 2018,and under the control of relevant national policies,the domestic economy did not form a serious development crisis.However,the impact of the continuous trade disputes between China and the United States on the long-term economic development needs to be carefully evaluated,especially the impact of the continuous fluctuation of foreign exchange rate on the foreign trade enterprises' import and export business during the trade disputes,which will bring a severe test to the healthy and stable development of the trade industry.As a part of the development of national economy,foreign trade is gradually weakening the momentum of global economic growth,and the financial risks of enterprises are also accumulating.In the increasingly fierce trade friction between China and the United States today,it will be a major test for foreign trade enterprises how to identify the potential risks in such a context,and how to effectively avoid the relevant risks,effectively manage and control the risks in the business process of enterprises,so as to reduce a series of losses brought by them.This paper studies the financial risk response of foreign trade enterprises in the situation of Sino-US trade friction,and identifies the financial risk of Chinese foreign trade enterprises in the situation of Sino-US trade dispute by referring to the relevant research results of academic circles and industry,and formulates corresponding risk management and control measures.First of all,this paper briefly summarizes the currentsituation of China's import and export trade and bilateral trade between China and the United States.Secondly,the development process of Sino-U.S.trade frictions since2017 is briefly described,the specific forms of Sino-U.S.trade frictions and their overall impact on foreign trade enterprises are analyzed,and their financial risks are identified according to their own business characteristics.Finally,analyze the financial indicators of L company,understand the current production and operation status of the enterprise,and combine the Z value model to early warn the financial crisis of the enterprise,assess the financial risks L company is facing at this stage,carry out a detailed analysis of the deep-seated causes of the risks,and formulate effective response strategies for the risks L company is facing at this stage,so as to strengthen L company's trade in China and the United States The level of effective response to financial risks during the dispute.