Retail sales and industrial output have beaten expectations for January and February, as China's leadership eyes 5% GDP growth again; meanwhile global suppliers are showing optimism for the year ahead, according to a survey.
China’s MINISO recently announced its Q1 financial results, at a time when it’s bullish on expanding overseas. CT caught up with the listed firm’s CFO, who discussed capital allocation, cash flow and its partner model.
Treasurers have long been frustrated by bureaucratic, protectionist rules from New Delhi; the latest reforms raise hopes the Modi government will deliver better.
Hong Kong’s dependence on Chinese tourism has left the city-state’s retailers highly exposed to an economic downturn. But there are ways treasurers can cope.
When banks lacked sufficient coinage to stock Carrefour China’s registries for the festive season, the company had to seek help from temples and bus companies for their retail cash needs.