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The Dilemma of Cash Management in China

 

Marketed By :  AV Akademikerverlag   Sold By :  Kamal Books International  
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  • Product Description
 
Revision with unchanged content. During the past few years China has attracted investment by foreign mul­ti­na­tional companies. With its entry into the World Trade Organization on 11 De­cem­ber 2001, China promised to further open up its market to foreign goods and services, and to welcome foreign investment in the following five years in pre­viously restricted sectors such as banking and financial services. However, China’s cash management environment still provides many impositions and ob­stacles to challenge corporate treasurers. Moreover, unwritten local customs and practices, coupled with the lack of written regulations, do not ease situation. Hence, this paper introduces the reader to the complex requirements, im­po­si­tions and obstacles of cash management in China. In this paper the author focuses on two cash management instruments, netting and cash pooling, and presents the associated dilemmas. Furthermore, the author highlights en­trusted loans as an alternative solution. In the course of the paper it becomes clear that implementing cash management instruments requires testing the boundaries of regulation and technology. The paper addresses financial managers and treasurers, economists as well as en­trepreneurs.
Product Specifications
SKU :COC14308
AuthorJan Freidhof
LanguageEnglish
BindingPaperback
Number of Pages56
Publishing Year4/25/2012
ISBN978-3639402360
Edition1 st
Book TypeInternational economics
Country of ManufactureIndia
Product BrandAV Akademikerverlag
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-24 00:00:00