If traditional industries are the ground troops in the looming conflict, cross-border e-commerce platform Youkeshu is China’s militia. Its CFO talks trade warfare, hedging strategy and bank relationships.
A 20% reserve requirement set by Chinese regulators on dollar/Rmb forward contracts has an instant impact. As predicted, futures contracts are moving offshore.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
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?
New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.
It’s said the secret to a good relationship is never having an opinion – and it seems the same applies to hedging. One of Hong Kong’s most successful funds tells CT how to get hedging right.