Can the world do without China? Can China do without the world? A panel discussion at GTR Asia discussed how China, ASEAN and other Asian countries will be impacted by the trade war
Digitisation has the power to improve processes, increase visibility and enhance a treasurer’s influence within a company, according to new ground-breaking research.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
*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
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.