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Honnus Cheung, CFO for Travelzoo (Asia-Pacific), outlines the first steps of building a business and picking the right bank.
The US car maker has received PBOC's approval to lend money out of China with the end goal to help its headquarters in Michigan to settle Chinese supplier payments in renminbi.
Chinese property firms are eagerly following Gemdale Corporation into issuing high-yield bonds offshore via their overseas entities.