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Chinese Companies Pay A Premium to Borrow.
- Source :
-
Wall Street Journal - Eastern Edition . 8/10/2015, Vol. 266 Issue 34, pC1-C6. 2p. - Publication Year :
- 2015
-
Abstract
- The article states that investors were purchasing a significant amount of Chinese corporate debt in 2015 as a result of difficulties in the Chinese stock market, Chinese currency, and slowed economic growth. According to the article, Chinese companies sold $73.8 billion worth of bonds during the year as of early August 2015. It also states that Chinese-based firms accounted for two-thirds of the investment-grade corporate debt sold in Asia in 2015 outside of Japan. The article presents comments from financial services firm UBS head of Asia credit research Edwin Chan.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 266
- Issue :
- 34
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 108788830