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China eases curbs on overseas debt to stem outflows

But whether issuers will respond is not certain

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Chinese firms are now more cautious about overseas financing as the yuan devaluation pushes up servicing costs on foreign debt.

Hong Kong

CHINA is seeking an antidote for the capital outflows that are weakening the yuan by making it easier for companies to borrow abroad and bring money back into the country. It may be swimming against the tide.

The National Development and Reform Commission will remove a