Tag: yigen pei

J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance:

US-listed Moog Inc, a designer and maker of precision control systems, is the latest addition to a handful of MNCs granted a quota from China’s central bank to make cross-border renminbi intercompany loans.

MNCs tell CT how they are taking advantage of pilot programs in China to repatriate trapped renminbi and streamline cash management.

Citi has appointed Yigen Pei as head of Citi transaction services (CTS) for China. He will focus on mobile solutions, easing cross-border trade, and helping emerging Chinese MNCs