Tag: funding diversification

Higher onshore funding costs – as well as tighter credit conditions – continue to put pressure on Chinese corporates to raise debt outside the country.

New rules on a form of business-to-business lending show the regulator is getting serious about the ‘hidden risks’ of the sector.

As the big banks turn off the taps, shadow banking is increasingly becoming mainstream for cash-strapped Chinese corporates.

The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.