US-listed Moog Inc, a designer and maker of precision control systems, is the latest addition to a handful of MNCs granted a quota from China’s central bank to make cross-border renminbi intercompany loans.
China’s forex regulator issued a new guideline on January 28 simplifying the repatriation of IPO proceeds raised by China Inc abroad. Jerry Zhang (pictured) of Cadwalader, Wickersham & Taft explains how Circular 7 works.
Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and ...