Santander have set up a scheme to help small to medium sized UK businesses network in China. Photo credit – Santander
Santander helping British businesses to make a break in China.
European bank Santander have set up a scheme to help small to medium sized UK businesses network in China.
Many companies are looking for contingency plans in case of a hard Brexit and are hoping that doing business in China will help them stay afloat during these uncertain times.
At the end of July Santander will take the 15 mother & baby businesses that they have carefully selected to the Children Baby Maternity Expo in Shanghai.
They will have the chance to visit a laboratory where certification inspection and quarantine takes place for clothing, equipment and for and drinks services in China and will also meet with local retail groups and banks.
These 15 businesses will add to the 25 trade missions the bank has already completed in 2018. Santander are confident they will top their total of 43 missions in 2017.
Their UK head of international John Carroll says ‘A number of SMEs want to expand into export markets but face difficulties doing so. What we are trying to do is look at what companies need to trade abroad and provide it to them”.