This paper discusses the current situation of global commercial credit risk and credit management of multinational enterprises,involving the origin of credit risk,the credit management challenges faced by multinational enterprises,and how enterprises deal with these challenges.This paper first analyzes the growth of commercial credit and the risks it brings in the context of globalization,especially in fast-growing markets such as China.Subsequently,this paper discusses the current situation of credit management of multinational enterprises,including country risks,the imperfection of customer credit granting mechanisms,and the challenges of credit system implementation.Finally,the paper proposes a series of comprehensive strategies and management practices to help companies effectively manage credit risk in the global market.