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)
May 25, 2010

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.

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