With increasing trade between China and the rest of the world there is a huge demand for efficient financial and trade services.

China a major exporter, referred to as "the manufacturer to the world".

The country is also a significant importer, particularly in trade with its Asian neighbours.

China imports food, computers and raw materials (including steel).

There is a growing trade balance between China and the USA and Europe, with significant trade surpluses but these are set against trade deficits against Asian countries.

Companies both within Asia and those from the USA and Europe who trade with China often need the expertise of a significant international banking partner.

Amongst those with a significant presence in China is Citigroup which has the largest network among US banks.

Citigroup operates branches in Beijing, Shangai, Guangzhou, Tianjin and Shenzhen plus offices in Shanghai Puxi, Xiamen and Chengdu. In Hong Kong, Citigroup is the largest foreign bank.

Like many major banks, Citigroup provide a wide range of services including banking solutions for corporates and financial institutions in both cash management and trade services.

One successful focus of the business is to handle both sides of a transaction, which lowers trade risk and saves time and money for both the buyer and seller.

In addition, the group provides vendor financing programmes in key Asian markets.

As the world manufacturing base moves towards Asia, Citigroup is expanding its financing programmes to facilitate the flow of trade.