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Velotrade's platform now processes thousands of invoices for the Japanese banking giant, covering transactions managed in Hong Kong for clients across the region
A Chinese exporter tells CT why he abandoned Alibaba’s FX hedging platform and turned to an innovative alternative he figured out with a local bank
Called Fx Rate Locking, Alibaba’s foreign exchange hedging tool gives small businesses in China what they desperately need – scale.
China’s central bank is pushing large companies and banks to get on board in a bid to relieve cashflow pain among China’s small businesses.