Chinese firms integrate FX fund management in Fujian FTZ
Companies in China’s Fujian free trade zone have started to centralise their foreign fund management in the zone.
Coland Holdings Company, a Fuzhou-based fishmeal producer and distributor, recently signed an agreement with Industrial Bank to integrate its foreign exchange (FX) fund management – which involves its six overseas subsidiaries and 13 entities in mainland China, and approximately $100 million of FX payments annually – in the Fuzhou sub-district of the Fujian pilot free trade zone (FTZ).
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
Related Articles
