China’s forex regulator expands overseas borrowing pilot nationwide

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China’s forex regulator expands overseas borrowing pilot nationwide

China's forex regulator has expanded a trial program nationwide to encourage eligible domestic businesses to borrow overseas.The expansion is part of

China’s forex regulator has expanded a trial program nationwide to encourage eligible domestic businesses to borrow overseas.

The expansion is part of new measures released by the State Administration of Foreign Exchange (SAFE) on Friday aimed at facilitating cross-border trade and investment, some five months after a draft version of the measures was published for public comment.

asia.nikkei.com

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