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
Precedent can count for a lot when it comes to treasury practice but just because it’s always been done that way doesn’t mean you can’t shake things up. We look at best practice in working capital management.
As the United States and China open up a new frontline in a looming trade war, regional treasurers in the China supply chain would do well to make provisions.
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.
Shayne Elliott says legacy banks must focus on smarter interaction with clients. A blockchain-based system for proving the provenance of Australian grain shows how it can work.
In managing a world of suppliers, the Australian conglomerate has a platform that allows it to play its banks like it’s conducting an orchestra. Group treasurer Cliff Allison explains.
