Squeezed in China: MNC treasurers grapple with policy shifts
Fast-changing government policy leaves foreign companies' treasurers in China with a huge challenge when it comes to interpreting the rules.
Treasurers at foreign multinational corporations (MNCs) in China have to commit a large chunk of their time to communicating with Chinese regulators, understanding local rules, and, more important, conveying the right message to headquarters to decide on treasury initiatives, resource deployment and much more.
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