juin 28 2023

Foreigners raise record yuan debt in China as global issuers tap low rates


Corporate & Securities partner Guiping Lu (Hong Kong) is quoted on Bloomberg about foreign borrowers raising a record amount of yuan debt in China.

"If there is continuing depreciation of the renminbi, issuers that have a revenue source in China may be more inclined to issue RMB-denominated bonds to avoid exchange rate risks," he said.

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