Chinese authorities are discouraging firms from raising money offshore at higher yields, in the latest step to clamp down on risks among municipal borrowers shouldering more than $100 billion of overseas bond debt, people familiar with the matter said.
Chinese authorities are discouraging firms from raising money offshore at higher yields, in the latest step to clamp down on risks among municipal borrowers shouldering more than $100 billion of overseas bond debt, people familiar with the matter said.
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