Quotes from the news wire:
We did offer to pay the factories in RMB. It's in our interest to make it as easy as possible for them to sell to us, so that we're the easiest route to market, but it all tended to get a little bit crazy. They have foreign bank accounts and that's where they handle all their foreign sales. So when we tried to pay in yuan they changed it into U.S. dollars, and then they transfer it from U.S. dollars back into RMB. So we couldn't see any logic or benefit.
Found on Reuters 9 years ago
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Citation
Use the citation below to add this author page to your bibliography:
Style:MLAChicagoAPA
"Bob Latham Quotes." Quotes.net. STANDS4 LLC, 2025. Web. 12 Jan. 2025. <https://www.quotes.net/authors/Bob+Latham+Quotes>.
Powered by CITE.ME
Share your thoughts on Bob Latham's quotes with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In