Trapped cash not a big problem as before, Cargill’s Misra says at Treasury Week
Cross-border RMB pool has helped Adient transfer cash in and out of China efficiently, executive says, while Trip.com treasurer says transparent communication with banks during lockdown helped it get through those dark days.
Robust economic growth and less restrictive regulations in Asia have ensured that the risk of trapped cash is not as acute in the region as it used to be, according to the regional treasurer at agricultural products giant Cargill.
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