This service provides attractive opportunities for small and medium-sized enterprises, for instance, to establish and expand business 2/3  BIS central bankers' speeches  relationships with Chinese enterprises while at the same time settling payments with China within their own local time zone and jurisdiction. The China Europe International Exchange, or CEINEX, is another collaborative initiative.
The United States and European countries have taken initiatives to address liquidity and fund-raising difficulties as part of steps to stabilize the financial system. These efforts can be organized into two categories: "granting government guarantees for market-based fundraising" and "expanding deposit protection."