This special report examines the difficulties facing treasurers in multi-national corporates in China. Their main challenge is the absence of netting and pooling facilities, the difficulty in getting cash out of the country and the heavy documentation and authorisation required for many cash movements. The banking sector is also undergoing substantial change and this will eventually open up more services for foreign treasurers.
To read the full report go to China – Articles - Specialist Article - China Report.
Source: GT News
