Panjiva is teaming up with Sinosure to help U.S. companies mitigate the risks of doing business in China. Panjiva is an online resource for information about suppliers and manufacturers sourcing worldwide. Sinosure, the China Export & Credit Insurance Corp., is a Chinese government-owned insurance company specializing in export credit insurance. Under the new deal, Panjiva will act as exclusive U.S. reseller of Sinosure's credit reports on Chinese manufacturers, while Sinosure will serve as Panjiva's exclusive provider of such reports. Together the partners have created Panjiva SinoScreen, a service designed to help U.S. companies determine which of their Chinese manufacturers are at greatest risk. Drawing on multiple information sources, including U.S. Customs data and credit information from Sinosure, the venture provides customers with easy-to-interpret analyses of their Chinese supply chains, the companies said. They get insight into the stability of up to 20 Chinese manufacturers. Between now and May 31, Panjiva SinoScreen is available for a one-time fee of $5,000.
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