CFO interview: Tackling the business cycle

Sean Wang, CFO of China Rongsheng Heavy Industries, explains how he deals with the cyclical nature of the shipbuilding business.

CFO interview: Tackling the business cycle
Sean Wang, China Rongsheng

All industries have their ups and downs, but it is how a business fares during the rockier times that sort the successes from the failures. At the mercy of global trade, shipbuilding industry chief financial officers and treasurers are as much global economists as micro-managers of their own business.

“The shipbuilding business is cyclical because it is affected by international trade and shipping demand,” said Sean Wang, CFO of China Rongsheng Heavy Industries Group, one...

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