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Just as rules and regulations have changed in China, so too have approaches to establishing a business in that country and to banking there. While the outlook for business growth is positive, the majority of responding organizations still have a great deal of work to do on their treasury management organizations, particularly in the areas of people, processes and systems. Since 58 percent of organizations surveyed anticipate future challenges in building financial staff, it is not surprising that many of their key issues are centered on attracting and retaining qualified talent and building the necessary IT resources to implement adequate systems.
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