China is building itself into a global competitor to rival that of America and Japan and everyone wants to be a part of the action. There are few multinational companies that are not sourcing, operating, selling into or manufacturing in China. Meanwhile Chinese companies are making a steady march into markets abroad. Quite simply, it remains the world’s most exciting place to do business at the moment and understanding how to do business effi ciently is paramount to a growth strategy here.
China is rarely viewed as a single unit to fi nance and treasury executives. Rather it is approached as a collection of regions which gives a much more accurate view of regulation, taxation and liquidity structures as well as banking capabilities. In recent years regulations have loosened considerably on cross border funds movement and cash redeployment among legal entities. At the same time, international banks are gaining a stronger toehold in the market with the ability to offer local currency services. Strategic tie-ups with local fi nance institutions mean a whole new range of products available to corporates. Local banks are rising to the challenge, improving product offering, coverage and service. A host of new cash management products are available to both domestic corporations and MNCs. The future looks bright as the effects of WTO and more deregulation will bolster capabilities of service providers. A more fl exible exchange rate and more freedom for cash and treasury management practices will also mean more products and services EuroFinance’s third annual Conference on Cash, Treasury and Risk Management in China will explore ways of doing business better and more effi ciently in the world’s most important marketplace.

Mr. Thomas Yeo, Senior Manager, LehmanBrown, will speak on "What you Need to Know Now" on Thursday 10th at 12:20.
This session will provide the most up to date view on this international accounting standard that any company with hedging needs to understand. Many elements of this standard are being rethought by authorities after continued pressure from companies and lobbying groups. The standard has in many instances caused companies to abandon or change their hedging strategies.

For further details please see the detailed information page.