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TRADE
FEATURE STORY
Cross-Border RMB Trade Settlement
Chris Lewis, Head of Trade and Supply Chain, Greater China at HSBC | November 11, 2009
In July 2009, the People’s Bank of China (PBOC) released the final details of a pilot scheme that allows trade between the Chinese mainland and Hong Kong, Macau and certain countries of the Association of Southeast Asian Nations to be settled in renminbi (RMB).
FEATURE STORY
U.S. Commerce Secretary Tackles IP Rights
Ira Apfel | October 29, 2009
U.S. Commerce Secretary Gary Locke met with Chinese government officials and business leaders on Oct. 27, 2009 to encourage strong intellectual property rights protection and enforcement was key to supporting entrepreneurs who develop new innovations in Asia.
FEATURE STORY
Managing Trade Payment Risk in China
Martin Jones | September 18, 2009
U.S. firms transacting in China should pay more attention to their accounts receivable than ever before, and be willing to collect bad debt without fear of ruining relationships or reputations of business associates. The growing message in China today is that debtors can no longer get away with non-payment.
FEATURE STORY
China-U.S. Tire Dispute Won’t Escalate, Experts Say
Ira Apfel, AFP | September 15, 2009
There has been plenty of fretting the past few days about President Obama's recent decision to slap import tariffs on Chinese tires, but observers say corporate treasurers should not worry that the dispute will escalate into an all-out trade war between the U.S. and the People's Republic.
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