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Chinese financial regulators have recently published new rules for China's CNY 100trn asset management industry. Aidan Shevlin, J.P. Morgan Asset Management, outlines the implications of the new rules for the industry and for corporate treasurers - and suggests practical steps for rethinking liquidity management in China.
By participating in a pilot project across BNP Paribas' international network, FAAC has now created a global, fully automated and harmonised, end-to-end liquidity structure that will grow with the group as it continues to expand.
Hangzhou is a virtually cashless city. Almost everything can be paid via smartphone and the expectation is that paying with mobile will become the norm in other Chinese cities. How will this rapid and profound shift in the way that people and businesses pay for goods and services affect corporate treasurers?
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