X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

First, it was poisoned pet food; then, toxic toys. Now, labor and materials costs are rising, thanks to a feeble dollar. The government cut back on lending. It snowed, and the country shut down worse than Washington D.C. right before a Super Bowl. There’s a race on right now as to who is having a worse year China or Roger Clemens. After a year of one supply chain problem after another, the bloom is off the rose in the case of China–or maybe U.S. companies are just beginning to take a more financially mature approach to doing business there. Either way, executives no longer have visions of China expansion dancing in their heads.

For companies with a long-term commitment, the goal has been to develop a rapport with Chinese officials and bankers to interject a capital-markets approach to financial challenges. While most U.S. companies have regarded China as a large outsourcing vendor, the potential of China’s domestic market is awakening. Eventually, the Chinese economy could be as big or bigger than the U.S economy, portending dramatic changes in U.S.-China relations.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.