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
Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.
From artificial intelligence to more stringent regional regulations, corporate treasurers in the Asia Pacific region will have their work cut out for them in 2018.
It's a country where having a compliance programme is no defence in law; CT looks at how corporate treasurers can best manage regulatory risk in China.