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China's short-term bonds could be next risk target

So far this year, 17 firms have priced US$4.3 billion of under-the-radar debt due in less than a year

Hong Kong

CHINA'S riskiest borrowers are ramping up sales of short-term dollar debt again, reigniting speculation that the authorities will clamp down on what has become a way to raise cash under the radar. Beijing's deleveraging drive - endorsed by President Xi Jinping and the Politburo...

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