THE WALL STREET JOURNAL
MARKETS - MARKETS MAIN
For Chinese Companies, If You Can’t Move Money Overseas, Raise It Overseas
Chinese firms have issued some $52.6 billion worth of U.S. dollar bonds in the first quarter as Beijing has tightened curbs on outflows
By Rachel Rosenthal
Updated April 1, 2017 9:10 a.m. ET
Chinese companies struggling to get their money out of the country have come up with an alternative: raise money overseas.
Chinese firms have issued some $52.6 billion worth of U.S. dollar bonds in the first quarter, up 72% from the previous three months, according to Dealogic, and nearly five times the amount from the first quarter of 2016.
The surge has come as Beijing has tightened curbs on capital outflows, making it...
READ MORE: https://www.wsj.com/articles/for-chinese-companies-if-you-cant-move-money-overseas-raise-it-overseas-1491048003
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