Sumit Dutta, CEO, HSBC Indonesia, discusses Indonesia’s economy, the country’s reform plans and its potential for future growth.
As the renminbi takes center stage among global currencies, companies are finding new ways to use the Chinese currency to their advantage, even while dealing with attendant challenges.
On August 11, the People's Bank of China (PBOC) abruptly devalued the renminbi (RMB) by nearly 2 percent. The move followed a period of strength for the currency, and the devaluation has received attention from multinational companies and investors who suspect it may represent new opportunities.
HSBC Made For Trade is a national conversation with leaders in business, government, industry and academia about the role of global trade in today’s economy.
This primer on the popular financing option explains how importers can benefit from it, and how to work with a bank to do due diligence on suppliers before adding them to a program.
The ability to trade using RMB can offer cost-saving benefits to U.S. companies doing business with China, but a relative few are actually taking advantage of the opportunity.
Free Trade Zones throughout the world are providing an increasing range of options for companies looking at new markets, yet not everyone is convinced of their worth. How has the concept evolved in recent years and are they right for everyone?