Tag: china

China's trade surplus reached $1.2 trillion last year despite increased tariffs from the US; however the economy slowed in the fourth quarter.

China's central bank and FX regulator have replaced fragmented pilots with a nationwide, quota-based framework for MNCs. Integration into global cash management structures should become easier for treasurers.

Analysts said the move by Legend Holdings signals growing confidence by the parent company in Lenovo’s PC business.

South Korea - China summmit reaches agreement on seven areas, including startup cooperation.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

Chang, formerly at Amazon Web Services, is replacing Shirley Yu who is retiring at the end of the year after a decade in the role.

Slowed corporate loan activity reflects slowing domestic demand. September data will be key to reveal the impact of the government’s loan interest subsidies.

Toll Group’s executive chairman Thomas Knudsen told CT about the freight firm's plans to step up investment in Asia, where shifting trade corridors, rising middle-class consumption, and a push toward decarbonisation are rewriting the rules of logistics.

The move by the global payment and treasury management firm follows the acquisition of Transfar Pay from the Transfar Group.

This idea behind the framework is to improve liquidity management and operational speed through six key policy areas.

Shanghai-based Lenny Chu started the role on August 11.

Payment Connect, which currently involves 12 financial institutions, links Hong Kong's FPS with China's IBPS, and went live on June 22.