Tag: China sourcing, CNY, exchange rate, payments, risk, rmb, RMB trading, RMB trading hubs, save money
Learn how an elite group of RMB trading hubs can save you 8% on your China sourcing.
In our blog post “Pay suppliers in RMB and save big” we explained how Chinese suppliers commonly build a “buffer” into dollar-denominated contracts to guard...
RMB’s exchange rate more flexible. Your risk just doubled. What to do?
The China Daily runs the headline “Yuan’s trading reform gains momentum, risk prevention needed.” Expanding the yuan’s floating band is a significant...
What buyers need to know about Chinese New Year
The following tips for dealing with Chinese New Year come from my good friend Helmut Maertin, who is based in Shenzhen. Like most western countries, China largely...
