Within the past few months, the Chinese government has announced a number of broad economic reforms. The movement toward a more open economy is good news for foreign firms, but it also creates risks. “In the near term, potential negative impacts on the real economy as a result of the reform effort and credit risks associated with the rising cost of funds have to be watched out for,” says Rocky Tung, Asia Pacific economist with credit insurer Coface.
Basel III agreement completes the post-crisis regulatory framework.
Blockchain technologies may soon be streamlining corporate finance functions and improving CFO-level decision-making.
John Ring would replace Philip Miscimarra, a former Morgan Lewis partner in Chicago who had been a key vote for business interests during his term on the Obama-era board.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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