A 7% slump in the renminbi's value as the winds of trade war blow has an unwanted consequence: 2016-style capital controls and difficulty in withdrawing money from the country.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
As the upstart blockchain seeks to become part of the cross-border payment firmament, can it really topple Swift's monopoly? CT speaks to Ripple about its push into Asia.