HSBC was granted the power to make tax payments on behalf of its clients in Shanghai - the first foreign bank to receive it. The news could reduce the need for international companies to open accounts with local ...
Shanghai's free trade zone (FTZ) is now officially open. CT breaks down the key policy ambitions,business opportunities, registration requirements, and present hurdles.
China’s central bank has lifted a host of restrictions designed to make renminbi cross-border trade settlement easier to conduct, while at the same time announced new measures to promote greater offshore renminbi ...
J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance:
CT has established an interactive treasury webcast service. With access to exclusive, upcoming interactive events, treasurers can watch and listen in live or download the archive of webcasts at a convenient time.
Dodgy-looking cash transactions surge 29% in Hong Kong. Police have attributed the jump to "improved awareness" from financial institutions since anti-laundering laws kicked in in April.