For treasurers with businesses in China, HNA’s liquidity squeeze is a signal lesson in how bad it can get. The affair stands to influence the whole banking sector’s non-performing loans.
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge
Siemens, Alibaba, Huawei and ZTE are all in the second batch of SAFE’s pilot for cross-border FX cash sweeping, netting and centralised payments transactions, CT has learnt.