Empirical Research on Early Warning of Financial Risks in Cross-border Supply Chain under the Belt and Road Initiative
With the development of international trade and the Belt and Road,more and more enterprises are par-ticipating in the global supply chain,expanding cross-border business,which generates huge financing needs.Cross-border supply chain finance can effectively solve the financial constraints of enterprises in the Belt and Road supply chain,but it also faces many risks.This paper aims to explore the international development background and trend of supply chain fiance.With the panel data of 122 supply chain enterprises engaged in cross-border busi-ness along the Belt and Road this paper discusses the construction methods and optimization strategies of the eary warning model.At the same time,with the help of principal component analysis and logistic regression,this paper establishes a cross-border supply chain financial risk early warning model,makes empirical analysis of the model,and puts forward corresponding early warning strategies and management suggestions,thus to better promote the development of cross-border supply chain finance and the construction of the Belt and Road.
cross-border supply chain financerisk warningthe Belt and Road Initiative