Oil and gas multinational may have changed the transfer pricing landscape for all time. Just because two companies have independent boards, a court decided, doesn’t mean it’s arm’s length.
Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.