In the yawning gap between China’s risk-averse banks and the country’s liquidity-strapped suppliers, supply chain finance solutions are now emerging as one of the real growth sectors in financial services in China
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.
If you want to see IFRS in action, look no further than the estimated $100bn Xiaomi mega-IPO. The Chinese tech giant's growth in value can look like accumulated losses depending on your accounting standard.