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Capital curbs push China firms to risky, costly debt

Companies including Bank of China raise record US$111b in offshore dollar bonds, up from US$88b in 2015
Thursday, January 19, 2017 - 05:50


CHINA'S efforts to support its currency and cool its hot property market are encouraging more Chinese companies, including many state firms, to take on extra cost and risk by raising foreign-currency bonds in Hong Kong and other offshore locations.

Despite the yuan's

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