China Mulls Nationwide Expansion of Cash-Pooling Program for Multinationals

Chinese authorities are studying the national expansion of a cash-pooling pilot program that integrates the management of domestic and foreign currency for large multinational companies. The post China studies national expansion of cash-pooling program for multinationals appeared first on Monitor Mercantil.

China Mulls Nationwide Expansion of Cash-Pooling Program for Multinationals

This photo taken from Jingshan Hill on Aug. 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing, capital of China. (Photo/Xinhua) Beijing - Chinese authorities are mulling the nationwide expansion of a pilot cash-pooling program that integrates domestic and foreign currency management for large multinational enterprises, according to a draft regulation released on Tuesday to solicit public opinion. A c…

Digital Silk Road! China’s Tech Expansion and Its Impact on Global Business

The Rise of Chinese Tech – Digital Silk Road: A New Era of Global Connectivity or a Path to Tech Dominance? China’s “Digital Silk Road” (DSR), a key part of the Belt and Road Initiative (BRI), is revolutionizing the global digital landscape. This ambitious project promotes digital connectivity and infrastructure development in developing countries with the goal of expanding China’s technological influence. While this digital transformation offer…