With growth in the China market, foreign invested companies are making profit, and it is necessary to think about strategies for cash repatriation under the foreign exchange control context in China. This could be achieved by trade items (good sales) and also by non-trade items (service fee, royalty, dividend, and etc.). While it is known as the China cash trap, a problem faced by almost all foreign invested companies in China; it could be effectively solved through planning ahead. At the same time, you should also be aware of your investment protection. Join us now and learn more useful information about Cash Repatriation & Investment Protection from our experts!

Experts, Sally Xu who is a tax partner of Grant Thornton's Shanghai office, and Wesley Chan from BMO financial group will discuss the cash repatriation & investment protection opportunities.

The webinar will be host on April 3rd, Friday, at 2:00PM/14:00, China Standard Time.


1:45 PM - 2 PM
Joining the Zoom Webinar Waiting Room
2 PM - 2:05 PM
Opening Remark by CanCham
2:05 PM - 2:20 PM
Cash repatriation
2:20 PM - 2:35 PM
How can we help Canadian expats’ banking needs while in China?
2:35 PM - 2:55 PM
Q&A Session
2:55 PM - 3 PM
Closing Remarks


  • Wesley Chan (Director, Private Banking Services of Bank of Montreal (China) Co. Ltd Shanghai Branch)

    Wesley Chan

    Director, Private Banking Services of Bank of Montreal (China) Co. Ltd Shanghai Branch

    Wesley joined BMO in November 2013. He has been responsible for business development in China East area in servicing and advising Ultra high net worth families for wealth planning, assets protection, tax efficiency and succession planning in cross borders banking. Prior to that, he was Assistant Vice President of KGI Securities of China Development Industrial Bank in Hong Kong and was a Senior Fixed Income Specialist at CIBC Canadian Imperial Bank of Commerce in Toronto for advising and trading investment products to inter-branches and HNW customers for more than 12 years.

    Wesley was born in Hong Kong, he was living and studying in Canada since his childhood. He was graduated at The University of Western Ontario with bachelor’s degree in Economics and Computer Science and post-grad diploma in International business management at Seneca College in Toronto. During his work years, Wesley earned Chartered Investment Manager (CIM) designation though Canadian Securities Institute and in the final stage to obtain Trust and Estate Practitioner (TEP) designation through STEP Hong Kong Chapter

    Wesley has skills, knowledge and experience in banking, investing and family trust planning across North America, Hong Kong and China for more than 20 years.

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  • Sally Xu (Tax Partner, ACCA at Grant Thornton Shanghai)

    Sally Xu

    Tax Partner, ACCA at Grant Thornton Shanghai

    Sally Xu is a tax partner of Grant Thornton's Shanghai office. She has accumulated rich experience in providing tax and transfer pricing advisory services in aspects of supply chain management and optimization, business restructuring, tax due diligence, tax risk control and planning, as well as cash repatriation to various multinational corporations. Sally has also assisted dozens of companies to explore inbound and outbound investment opportunities.

    The clients served by Sally include machinery, consumers, luxury, electronics, telecommunication, pharmaceuticals, chemicals, e-commerce and services.

    Sally is the Champion of the China (Shanghai) Free Trade Pilot Zone in Shanghai office and has assisted many clients in conducting investment navigation.

    Prior to joining Grant Thornton, Sally worked with PricewaterhouseCoopers and Ernst & Young.

    Sally has received her Bachelor and Master Degrees from Shanghai Jiaotong University, China.

    She is a member of the Association of Chartered Certified Accountants (ACCA).

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The event will be hosted on Zoom.com.cn
Shanghai, China

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