Scaling the wall

Strict regulations in the Chinese financial market are leading treasurers to examine avenues other than derivatives to hedge their risk. Nick Sawyer reports from Beijing and Shanghai

Few doubt that China’s accession to the World Trade Organisation (WTO) will change the country’s landscape. As the walls that have restricted foreign trade come tumbling down, a stream of inward investment is certain. At the same time, China’s domestic companies look sure to step up their forays into overseas markets, boosting the overall level of foreign currency denominated assets and liabilities. But

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