Preparing to tap the Rmb pilots
Apr 3, 2013
C’est la renminbi: Alstom’s RMB netting pilot
GE’s Alstom deal secures new production, but also a connection to Alstom’s top-notch China RMB treasury operations.
With GE’s bid for Alstom’s power and grid businesses approved by the French company’s board on June 21, the American multinational also gained connections to Alstom’s leading China treasury department.
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