moneycorp Americas: Empowering Canadian-Chinese Businesses To Discover Missed FX Opportunities
China is Canada’s second-largest trading partner. According to the Government of Canada, since 2001 Canada’s relationship with China has grown faster than their trade relationships with any other global partner. However, in a recent briefing, China’s foreign exchange regulator urged businesses operating in the country to strengthen their risk management systems to lessen the impact from rising two-way volatility in the Chinese yuan.
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