Internationally-focused companies have experienced more growth than companies that only do business domestically according to PNC’s recent Financial Leadership Survey. Expanding abroad can seem daunting, but with the right alliances and financing strategies, your company can enhance your competitive position and chances of success.

China is the world’s second-largest economy and continues to have very bright growth prospects. Yet doing business there can be highly challenging.  This webinar will provide insight into recent changes in the Chinese financial climate and the potential impact of China’s new currency liberalization policy on your prospects for success.

If you are doing business in China, the recent liberalization of its currency can have substantial benefits for you. It’s easier to make and receive payments and there are more tools for managing currency risk.

Over the past decade, U.S. trade with China grew more than 3 ½ times faster than total U.S. foreign trade. If you are one of the growing number of companies doing business in China, recent moves to liberalize its currency can have substantial bottom-line benefits for you.

Internationally-focused companies have experienced more growth than companies that only do business domestically according to PNC’s recent Financial Leadership Survey. Almost half of the international companies surveyed reported growth of 20% or more, while those that did not do business internationally lagged behind.

"Prior to 2009, China’s currency, the renminbi (RMB), could only be used within China. Cross-border flow of the RMB was effectively prohibited. In 2009, China began changing regulations so as to facilitate the development of an “offshore” RMB market which effectively means RMB can be held outside of China and can flow in and out of China for the payment for goods and services and for certain
investment purposes."

Prior to 2009, China’s currency, the renminbi (RMB), could only be used within China; cross-border flow of the RMB was effectively prohibited. In 2009, China began changing regulations so as to facilitate the development of an “offshore” RMB market which effectively means RMB can be held outside of China and can flow in and out of China for the payment for goods and services and for certain investment purposes.

Emerging markets aren’t easy, least of all China. While there is no shortage of minor obstacles in China, the major issues that can really knock a company off track are having the wrong strategy, the wrong partner or poor management.

China’s dramatic growth in international trade has made it the second largest economy in the world, as well as the largest exporter. However, the use of China’s currency, the renminbi (RMB), has not grown as extensively as the economic boom. China’s currency has been subject to extensive exchange controls, which has resulted in the U.S. dollar (USD) being used for the majority of cross-border transactions

When you take on the substantial risks and rewards of doing business with China, you need to avoid the wrong strategy, the wrong partner, and poor management. You can accomplish this by focusing on China’s economic structure, business environment and culture.

As companies increase engagement with international trading partners and markets remain unpredictable, they must develop and adopt effective foreign exchange risk strategies. This webinar will cover why you need an FX policy, elements of an effective policy, forecasting, budgeting and planning and considerations for the period between trade execution and maturity.

Eric Wolff, Commercial Officer, U.S. Department of Commerce, provides an in-depth look at China's internal issues, business outlook and potential threats, including the hot button issue of intellectual property rights.

The rewards of doing business internationally have never been greater. And it’s never been more important for businesses of all sizes to understand how to take advantage of the opportunities and mitigate the risks presented by global commerce. Here are some winning strategies to help you participate in the growth of international trade.

It can be difficult to predict the short- and long-term effects of monetary and fiscal policies on currencies. As a result, more companies are hedging foreign exchange risk and others are improving their strategies. Both can benefit from this overview of the hedging process.

If you are involved in international business as an importer, exporter or multinational, your head must be spinning. Paul Toth, Managing Director, PNC’s Foreign Exchange Group, outlines currency issues and suggests ways to mitigate risk.

With a significant slice of the world's total GDP and a youthful, growing population, Latin America offers abundant opportunities for smart U.S. businesses.

PNC, in partnership with the U.S. Commercial Service, highlight issues you may want to consider when doing business in Argentina, Brazil and Chile.

Do you know the safest ways to get paid for an international sale? The U.S. Commercial Service & PNC Bank help with our "Making Exporting Easier" web-based seminar that outlines the common international methods of payment used in global trade and risk mitigation tools.

Rolling FX Hedges can be tailored to match your company's cash flow needs and adjust for risk, enabling your company to compete in a changing business environment.  Garry Duncan, Managing Director in PNC's Foreign Exchange Group, outlines how these can be a viable option.

US, Canada and Mexico represent the world's largest free trade area, created in 1994 through the North American Free Trade Agreement (NAFTA). NAFTA has opened up unprecedented opportunities for companies throughout the US. In this webinar, we explore what businesses need to know to enhance their success in Canada and Mexico.

Canada and Mexico provide tremendous business opportunities for U.S. companies that want to grow.  However, there are still some unique challenges that need to be addressed. George Hoffman, Senior Vice President of PNC's Global Treasury Management Group, reviews some of the differences in banking services, regulations and market risks that could affect your bottom line.

Historic fluctuations in the value of the US dollar relative to other currencies has caused many companies to be wary of doing business in international markets. For companies with foreign receivables that need to be converted or assets or liabilities that need to be translated into US dollars, the challenge to manage those exposures can be daunting.