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.
Chinese banks’ soaring profits may soon be a thing of the past since the nation started liberalising its interest rates last June, which continues to erode their earnings.
Carrie Lee, former engineer, banker and now group treasurer of Orient Overseas Container Line (OOCL), talks to CT about turning to Asian banks for financing, shoring up cash reserve to brave the shipping market, and ...