Date: May 30, 2018

Navigating China: From Conventional Currencies to Alternative Payments (I)

Session Description

As the US’s largest trading partner, China continues to be at the forefront of any Corporate Treasurers priority list.

China’s currency markets, however, have traditionally been challenging to navigate with US Corporates having to weigh either trading in the onshore deliverable, offshore non-deliverable and more recently utilizing one of the new renminbi (RMB) Hubs to trade deliverable CNH. 

This session examines the benefits and points to consider when making these choices but also looks beyond the headlines of Bitcoin and Cryptocurrencies to alternative payment and central bank digital currency initiatives in the region and the opportunities they may create for streamlining US Corporate Workflow.

By the end of this session, attendees will learn the tools to consider, which China currency market is most suitable for their business and the potential new alternatives presented by the digital currency initiatives in the region.

 

 

Speaker Information

Alison Fletcher is a Foreign Exchange and Economics Market Specialist at Bloomberg, New York.

Prior to Bloomberg, Alison worked for 15 years as a Corporate FX Risk Management Advisor in Sydney, London and most recently in Singapore. She has worked for global banks such as HSBC, Commonwealth Bank of Australia, Commerzbank and ABN Amro/RBS.  Alison has published articles in Global Treasurer News and Bloomberg Markets Magazine and has been a guest speaker at many conferences.


Alison holds a Bachelor of Economics and Bachelor of Commerce (Finance) from the Australian National University and a Master of Science (Development Economics) from the University of London.

 

Caroline Owen is the CEO and Founder of an independent renminbi (“RMB”) internationalization advisory firm, RMB Global Advisors. Caroline is one of the world’s foremost experts in the field of RMB internationalization and a regular speaker on the advancements China has made to make its currency more freely usable.

As deregulation continues in China, Caroline’s extensive market experience, vision and technical expertise have helped her craft tailored solutions for multi-national corporations, financial institutions, development organizations and central banks looking to better manage excess RMB cash in China, optimize RMB funding sources, invest in China’s capital markets and manage RMB FX exposure. She has advised a variety of corporations across the consumer goods, retail, pharmaceutical, industrial and commodity sectors on redenominating their invoicing from USD to RMB. A pioneer in the market, Caroline has led numerous award winning RMB transactions, including bond issuances for McDonald’s, Caterpillar Financial and the International Finance Corporation.

Before launching RMB Global Advisors, Caroline led the RMB Solutions advisory team for the Americas at Standard Chartered Bank. Prior to that, she worked in a variety of capital markets roles with Credit Suisse and Barclays Capital in New York, London and Sydney, specializing in cross-border funding.

Caroline is a graduate of Cornell University, a CFA Charterholder and a member of the New York Society of Security Analysts.

attachment-icon Download Handout