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Chinese companies’ dollar bonds sales hit new record high in third quarter amid loose liquidity, lower borrowing costs

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Chinese companies' dollar bond sales in the offshore market hit a new record high in the third quarter of the year as they took advantage of loose dollar liquidity and lower borrowing costs.

Chinese firms issued a total of $71.58 billion yuan worth of USD-denominated bonds in the offshore market in the third quarter of the year, marking a new record high and surging 36 per cent from the previous three months, according to data . . .

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