Seeking Alpha

China considers making it easier for companies to borrow yuan offshore and bring the money back...

China considers making it easier for companies to borrow yuan offshore and bring the money back to the mainland, according to sources. Right now, just a quota-based system is being discussed because of fears of further tightening offshore yuan liquidity. Far from booming, the market  has slowed of late as yuan appreciation is no longer a one-way bet.
Comments (1)
  • Spread the loan risk to foreign nationals. Smart of them, stupid for us. Anyone that gets duped by this deserves to be duped and should not be bailed out.
    11 Apr 2012, 08:59 AM Reply Like
DJIA (DIA) S&P 500 (SPY)