Chinese firms integrate FX fund management in Fujian FTZ
Companies in China’s Fujian free trade zone have started to centralise their foreign fund management in the zone.
Coland Holdings Company, a Fuzhou-based fishmeal producer and distributor, recently signed an agreement with Industrial Bank to integrate its foreign exchange (FX) fund management – which involves its six overseas subsidiaries and 13 entities in mainland China, and approximately $100 million of FX payments annually – in the Fuzhou sub-district of the Fujian pilot free trade zone (FTZ).
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
Related Articles
