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CFO Insights — Eyeing China — and its currency — with caution

Published on: Oct 08, 2015

Changing dynamics in China’s currency policy and market dynamics are adding to uncertainty in the direction of the renminbi (RMB). Moreover, the recent turbulence in China’s equity markets and the government-led credit-expansion effort there are topics CFOs of multinational companies operating in China are watching closely  and worrying about.

Even with slowing growth, China’s domestic market is still growing faster relative to other large markets, which, along with its sheer size, is a big reason companies are willing to take on the challenges and the learning curve required to succeed in that marketplace.

Given this fluid and changing environment, now may be a good the time to perform a thorough review of how currency is managed at your company. This issue looks at how the China currency crisis has evolved, as well as steps CFOs can take to monitor the RMB’s direction and to help mitigate the effect of a significant shift.


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