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Wednesday, February 28, 2024

China’s Foreign exchange Regulator Expands Abroad Borrowing Pilot Nationwide

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China’s international trade regulator has expanded a trial program nationwide to encourage eligible dwelling firms to borrow overseas.

The enlargement is part of new measures for facilitating cross-border commerce and funding launched by the State Administration of Abroad Alternate (SAFE) on Friday, some 5 months after a draft model of the measures was printed for public comment.

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