CT has established the first batch of 13 companies and six banks participating in China's groundbreaking cash management pilots designed to better funnel renminbi and foreign currencies across the border.
Rocky Lee (pictured), Asia managing partner at Cadwalader, Wickersham & Taft and the firm’s Jerry Zhang explain the significance of SAFE's recent rule changes.
CT delivers a comprehensive overview of the four renminbi and foreign currency cash management pilots that have been green lighted in Beijing and Shanghai.