NEWS China makes it easier for firms to borrow from overseas as yuan drops

[Google News Bot]

SHANGHAI -- China's central bank and foreign exchange regulator on Tuesday raised the cross-border macro prudential adjustment ratio for corporates and financial institutions, making it easier for domestic firms to raise funds from overseas markets. Read More ...

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[Sotherefore]

Economically China is a very strong country and even if they have to borrow billions of dollars to other countries it won't still affects them.
As long as they are concentrating on small business Enterprise and other institution it will definitely help other people who are in need of this and to establish a business or start whatever they are interested.