Approach to the Foreign Exchange Risk Management in Chinese Companies under the Reform of the Renminbi Exchange Rate Regime

Since the reform of the renminbi exchange rate regime,the foreign exchange risks of Chinese companies have risen gradually.But at present,companies still have problems in the understanding of foreign exchange risks,concept of foreign exchange risk management,organization of foreign exchange risk management,etc.To improve their foreign exchange risk management,companies should take measures such as setting an independent department of foreign exchange risk management,training and gaining foreign exchange risk management experts,establishing and completing information system of foreign exchange risk management,etc.