[photopress:stanchart.jpg,full,alignright]The ‘Standard Chartered – China: The Guide to Supply Chain Management and Logistics 2006/2007,’ has been published to share the bank’s expertise in the China supply chain and logistics industry.
Standard Chartered has been in China since 1858 and currently has one of the largest foreign owned banking networks in the country.
Globally, the bank has trade customers in 39 countries with the majority of transactions being conducted cross border. It said that with the introduction of supplier and buyer financing, supply chain deals in China have doubled from 2004 to 2005.
Karen Fawcett, global head of transaction banking, Standard Chartered said: ‘For all companies investing and working in China we envisage that the guide will be an essential reference point and companion for doing business. This guide is a great testimonial to our trade expertise. We are a forerunner in Supply Chain Management, especially in a key market like China, where we have a strong history and presence.’
The guide comprises 45 articles by banking supply chain financing and industry practitioners. It is co-sponsored by DHL, the China Supply Chain Council, Kerry Logistics and Infosys and has been published in English and Chinese.
Source: TradeArabia News Service