When banks lacked sufficient coinage to stock Carrefour China’s registries for the festive season, the company had to seek help from temples and bus companies for their retail cash needs.
Following eased regulations, Ford Motor remitted its first-ever renminbi-denominated dividend from China to the US headquarters, better positioning the company’s cash.
Pentair's senior treasury director Terri Scherber takes CT through its new automatic renminbi sweeping and how it is integrating China into global treasury.