Overseas financing costs for Chinese companies continue to rise and are exceeding the cost in China's onshore market, after shifting monetary policy by several countries' central banks and tightening offshore yuan liquidity, according to research by the People's Bank of China (PBOC).
Carried out by the PBOC in tandem with a number of its branches and major Chinese commercial banks, the research found that the appeal of overseas financing has waned significantly as the difference between domestic and . . .
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