Slowed corporate loan activity reflects slowing domestic demand. September data will be key to reveal the impact of the government’s loan interest subsidies.
Intra-group cross-border transactions are netted monthly into Renminbi through netting settlement centres, across nine mainland entities. The solution, via HSBC, unlocks working capital, and is exposed to the valuation of the under pressure Rmb.
With the US election result likely to produce a nail-biting finish, a CT round-up of local analysis distils the mood – and the likely affect – for Asia Pacific operations.
Michelle Xu, greater China head of risk management solutions at Deutsche Bank, discusses the impact of the Fed’s rate cut decision on Chinese exporters.
At a panel discussion around FX risk management and exchange rates, Chinese experts advised firms to step up hedging strategies, given the US Fed rate will stay higher for longer.
Apr 26, 2024
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Beijing has filed no fewer than 84 patents centred on its digital currency and electronic payments system. What's the big idea? CT looks at China's virtual cash soft power push
Renminbi direction can be like reading runes at the best of times. But recent policy statements from China regulators show a clear move away from a US dollar hegemony
The dollar-yuan exchange rate - now at its lowest in more than a decade - highlights the need for businesses with exposure to the Chinese currency to either fortify their positions ... or just take it on the chin
Poor FX risk management led to American companies losing an estimated $20 billion in the fourth quarter in 2018. Are you hedging your FX exposures in Asia correctly?