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Chinese leasing firms eye dim sum bond market
June 06, 2012
New regulation will open the dim sum market to Chinese leasing companies for the first time, though rising yields offshore as well as easy access to loans in China may keep these players on the mainland.
China’s National Reform and Development Commission (NDRC) is considering allowing mainland leasing companies to tap the offshore renminbi, or dim sum, bond market to generate cash for their onshore business.
The proposal fits in with Beijing’s plans to make...
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