China Gas slows down to speed up

By extending the payment terms at a newly acquired subsidiary, China Gas is able to increase its purchasing power.
China Gas and Beijing Gas provide services to China's growing market. (Source: AFP)
China Gas and Beijing Gas provide services to China's growing market. (Source: AFP)

Getting financial and physical supply chains to meet is a treasurer's age-old problem. While technology has sped up the movement of goods, money still travels faster, creating headaches when bills come due before merchandise can hit the shelf.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media