Considering China as a growth hotspot
Kantox's Philippe Gelis looks at opportunities of Cips
Following the launch of China's International Payments System (Cips), businesses should be considering the country as a real trading opportunity.
This long awaited development will hopefully nudge the UK's perception of China from the go-to overseas provider of manufactured goods to a very real and lucrative trading prospect.
Developed by the People's Bank of China, Cips is a payments platform that will address several challenges when engaging in cross-border trades with Chinese onshore
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