A Hong Kong headhunter says China’s demand for top flight CFOs to steer cross-border M&A has never been stronger, even if some of the corporate requirements might tax anyone’s skillset.
Cross-investment in related enterprises, an opaque business model at the mercy of regulators and a netherworld of shadowy financial products, Anbang is a signal lesson in what to avoid in China.
The Chinese conglomerate's over-arching ambition finally gets the better of its board – and its financial officers may have been powerless to halt the slide.
High scores in the banking regulator’s benchmarking exercise are vital if an IHB is to win approval to expand its range of services. CT spoke to an SOE treasurer on how the process works.
As a dollar-reporting company largely exposed to the renminbi – a currency that is depreciating against the US dollar – what would you do to cut the losses?
As of next year, commercial drafts worth $450,000 or more will have to be conducted electronically, China’s central bank has ordered. The move follows a string of fraud cases.
While they have reduced accounts receivable days, some Chinese companies must improve working capital management to hasten collection of cash payment from sales, Fitch Ratings says.