Tag: yigen pei

China has issued implementation rules on the nationwide cross-border RMB cash pool, which is generally detailed enough for corporates’ execution.

A newly established renminbi sweeping solution in the Shanghai FTZ enables Pentair treasurers to incorporate the Chinese currency into its global liquidity pool.

Amazon.com plans to use corporate structures made possible by the Shanghai free-trade zone to sell to customers in China over its site.

Well, not quite. But a recent SAFE announcement has made the movement and centralisation of foreign currency in China considerably easier.

StanChart and Baoxin Group; HSBC and Saint-Gobain; and Citi and Roche have announced new cash programmes relating to pooling and netting in the Shanghai free trade zone following central bank clarifications.

J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance:

US-listed Moog Inc, a designer and maker of precision control systems, is the latest addition to a handful of MNCs granted a quota from China’s central bank to make cross-border renminbi intercompany loans.

MNCs tell CT how they are taking advantage of pilot programs in China to repatriate trapped renminbi and streamline cash management.

Citi has appointed Yigen Pei as head of Citi transaction services (CTS) for China. He will focus on mobile solutions, easing cross-border trade, and helping emerging Chinese MNCs