Have you ever wondered how Chinese companies finance domestic trade? Alvin Shen, CEO and managing partner of Broader Way Group, explains what at first glance may seem an opaque tool, Banker Acceptance Drafts (BADs), and how they are evolving.

In the wake of the illegitimate 20 May presidential elections, Venezuela is at an inflection point. The country faces an acute political and economic crisis, and the Maduro government’s long-term viability is low. For trade and export financiers, it is important to consider what comes next in Venezuela, and what signals will determine the country’s path.

TXF’s Katharine Morton caught up with Daniel Schmand, chair of the ICC Banking Commission and global head of trade finance at Deutsche Bank, at the ICC Annual Meeting in Miami to talk about his outlook for trade and trade finance, and how non-financial risk in trade should be measured before making bold statements about how risky trade finance is.

The bank that liked to say yes too often, BNDES is under new management and has a new mission: to do more to promote effective infrastructure investment with less money. And according to its head of debt capital markets, Eliane Lustosa, significant innovation is already underway.

From patterns in consolidation, competition and coal to local liquidity, legal issues and leveraging the power of sustainability, there were a number of content takeaways from two days of dynamic debate and discussion at TXF Amsterdam 2018.