Working capital tactics give companies in China a lift

The importance of cash has declined says KPMG, but an efficient working capital structure remains a key focus.

“Cash is no longer king; in the new age, the customer is king,” said Fergal Power, partner of cash management advisory services at KPMG China and Hong Kong, at November's EuroFinance cash, treasury and risk management conference in Shanghai.

¬ Haymarket Media Limited. All rights reserved.

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