Treasury in China - Emerging Trends & Challenges

With cross-border initiatives at the forefront in China, many corporations must undergo treasury transformation in order to satisfy the more sophisticated role that treasury will undertake.

As Chinese companies begin to embark on a more strategic and global approach to the management of cash and risk, there will emerge a set of requirements unique to this market.

The following reports and whitepaper offer valuable insight into these emerging treasury requirements.

Treasury's Future in China: Time to Act?
This report, written by EuroFinance and sponsored by SunGard analyzes the current state of the corporate treaury market in China and explores the major challenges faced by this community.

China Treasurers' Benchmark Report
In late 2008 and early 2009, ten leading companies in China responded to a detailed questionnaire exploring various aspects of their treasury strategy and operations. The data obtained from these companies has been collated into this report which illustrates how treasury departments in China operate in practice. Comparisons between treasuries in China and those in other parts of the world are also discussed.

Transformations in Treasury in China
If people were skeptical of China's importance as an economic powerhouse before the global financial crisis, there are now few, if any, disbelievers. With China continuing to demonstrate impressive growth throughout 2008 and 2009, despite a reduction in international demand for Chinese exports, China is tipped to surpass Japan as the world's second largest economy by the end of 2010. China is important for every treasury professional, in almost every industry, firstly as a source of supply and a major consumer market.

This whitepaper considers a variety of issues relevant to treasurers with activities in China. The results of a benchmark study comparing companies headquartered in China with those in western economies is explored as well as opportunities for foreign companies dealing with companies in China, and vice versa.