China eases foreign debt caps on SMEs to ease coronavirus woes
China’s foreign currency regulator is to allow Chinese corporations to borrow 25% more from overseas in a bid to ease the liquidity strain on coronavirus hit corporations
China’s foreign currency regulator the State Administration of Foreign Exchange (SAFE) said on Friday that it would be relaxing it assesses cross-border financing risks to make it easier for Chinese firms hit by the coronavirus to raise more funds in overseas markets.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
