In one month, China’s foreign exchange regulator has fined 48 corporates, banks and individuals. European chemistry giant Solvay, as well as HSBC, are on the list.
In China, telecoms giant ZTE is on the front pages presented as a pawn in a larger political game, but the lessons of looking out for compliance apply to every corporate treasury in the region
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
A massive tax reduction plan promoted by Premier Li Keqiang is intended to boost small and medium-sized enterprises. Treasurers may want to revisit contracts and renegotiate pricing.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
With reports Beijing will put in place contingencies to counter US tax cuts that could stymie foreign direct investment, treasurers lament that getting money into China is still fraught with problems