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Before its stock rout, China Huishan Dairy Holdings was already running on a muddy path, haunted by its weak financial balance.
High scores in the banking regulator’s benchmarking exercise are vital if an IHB is to win approval to expand its range of services. CT spoke to an SOE treasurer on how the process works.
Multinationals will be able to avoid the risk of a challenge from tax authorities by sticking to a specified rate proposed by Korea's government.
Transitioning onto the nation’s electronic system can save treasurers in China from a massive paper hunt, but the banking industry needs to be ready first.