Dover Corporation and Roche China are ready to take advantage of currency liberalisation from the Shanghai Free Trade Zone (FTZ) through two-way renminbi sweeping.
Siemens, Alibaba, Huawei and ZTE are all in the second batch of SAFE’s pilot for cross-border FX cash sweeping, netting and centralised payments transactions, CT has learnt.
Rodney Olsen, APAC CFO of Kimberly-Clark, on how the maker of Kleenex’s finance team joined forces with marketing to rollout True North, its global FP&A initiative.