By adopting a new supplier-financing programme, the Chinese wind power generator is giving its suppliers the flexibility to get paid up to 270 days earlier.
By setting up a bill pool to collectively manage bank acceptance bills, treasury manpower can be significantly saved. But the solution has its limitations too.
The US lender is looking to increase its wallet share among Asia-based multinational corporate clients. Munir Nanji, Asia sales head for treasury and trade solutions at Citi, tells CT how.
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
As companies assess the damage from the Tianjin port explosions, the catastrophe highlights the role that corporations can play in preventing ‘avoidable’ disasters.