中國企業境外融資超過境內
Chinese companies have borrowed more money from the international bond market than from domestic investors this year, breaking with tradition as authorities in Beijing focus on curbing capital outflows.
中國企業今年以來從國際債券市場借入的資金多於它們向國內投資者借入的資金，這一現象打破了傳統，其背景是中國官方側重於遏止資本外流。Banks and other corporate borrowers have been quietly encouraged to raise money offshore in other currencies, limiting the need for Chinese companies to sell renminbi to finance overseas investments. Borrowing more outside the mainland also allows for the possibility that companies will remit some of the cash back home, bolstering the Chinese currency in the process.
銀行和其他企業借款人被悄悄鼓勵在境外籌集外幣資金，以限制中國企業出售人民幣爲境外投資買單的需要。在境外增加借款還帶來這樣一種可能性，即企業將會把一部分資金匯回境內，在此過程中支撐人民幣匯率。Led by banks and property developers, corporate China has raised $26.1bn from offshore bond sales compared with $21bn at home, according to Dealogic. Chinese companies have also been prompted to seek foreign-based funding by the higher interest rates that policymakers have introduced this year.
Dealogic的數據顯示，在銀行和房地產開發商的引領下，中國企業已通過境外債券發售籌集了261億美元，相比之下在國內債市籌集了210億美元。中國企業尋求境外資金來源的另一個推動因素是政策制定者今年引入的較高利率。
