Commerzbank Global Head of Cash Management: China opens up for European mid-caps

In a Viewpoint article for The Asset, Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, writes how China is now opening up for European mid-cap corporates, which, unlike more established multinationals, have often struggled to get to grips with local trading differences and regulation – especially regarding settlement in, and movement of, the renminbi (RMB).  Yet, Wolf explains, the landscape is changing and, as the RMB’s internationalisation gathers pace, China is looking an increasing attractive option for a wider range of businesses.

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