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Tag: invoicing

Lenovo: the golden rule of currency

Lenovo: the golden rule of currency

Lenovo's treasurer Damian Gendinning explains when and why the Chinese PC giant is willing to charge its Asian customers in US dollars.
Nov 11, 2013
TOP TIPS: Switching to local currency invoicing

TOP TIPS: Switching to local currency invoicing

Thomas Tan, CIMB global sales, FX and transaction head offers advice to companies considering billing in local currencies to obtain better trade terms and improve group-wide hedging strategies.
Sep 30, 2013
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China’s great fake trade scam

China’s great fake trade scam

China’s central bank was the primary cause for the interbank lending spike, but "fake trading" precipitated the problem.
Jul 29, 2013
"More LCs, please", say Chinese treasurers: Citi

"More LCs, please", say Chinese treasurers: Citi

Australian treasurers and CFOs say Chinese counterparts are requesting more LCs are part of their trade negotiations. The LCs are allowing the Chinese firms to line up better financing rates offshore.
Mar 4, 2013
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