Foreign corporates in China continue to localise funding sources: DB
As macro uncertainty looms, multinationals are increasingly looking at local funding channels, benefiting the panda bond market in China.
Foreign corporates in mainland China will continue to localise funding sources, further tapping into onshore Renminbi bond issuances, or the panda bond market, in 2025, according to Deutsche Bank (DB) China’s debt capital market (DCM) teams.
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