No matter what industry a company is in, from a small business such as a shop or plumber through to international corporations, they will all need access to funds on a day to day basis to cover their liabilities and costs. From raw materials and bills through to wages and investments, a company of any [...]
Posts Tagged ‘Current Account’
Doing Business in China
Posted by admin on December 21st, 2009
China is the only fastest major growing nation with an average annual GDP growth rate of at least 10%. In 2007, China was ranked 1st by current account balance of USD 262.2 billion dollars (9% of GDP).China’s rapid development of its economy is no threat to any other country but an important opportunity for other [...]
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