For treasurers at the centre of China’s efforts to cool the bubbling property sector, offshore yields are now so attractive they outweigh the problem of foreign exchange restrictions
The electric car manufacturer is in talks with Shanghai’s government to open its first production plant in China. CT assesses the top four financial risks it will be exposed to.
Failure to implement effective internal controls and comply with accounting standards have emerged as key pitfalls for companies wanting to go public in China.
Be flexible, deploy the best available financial instruments and get inside the heads of your regulators, advise veteran corporate treasurers from Alibaba and Laird.
Treasurers will watch with interest as regulator calls out shell and zombie companies over reporting problems. Details, however, are thin on the ground.
Amid fears of a debt blowout in the provinces, the government prohibits local governments from funding certain types of infrastructure project in the name of ‘procurement of services’.