TOP TIPS: Tapping the Taiwan-China RMB-lending pilot
Sep 16, 2013
Uni-President completes two-way RMB loan from Taiwan
Taiwan's Uni-President and its Jiangsu-based subsidiary, Kunshan President, have structured a two-way, cross-border renminbi lending programme, with help from HSBC.
Taiwan-based food company Uni-President transferred a Rmb10 million (US$1.63 million) loan to its China-based subsidiary, Kunshan President, on September 6.
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