Photographer: Tomohiro Ohsumi/Bloomberg

Dim Sum Debt Revival Hinges on Yuan Stability Amid Default Risks

  • Sales of renminbi notes double offshore since end of March
  • Offshore yuan steady in 2016 after sinking to five-year low

A four-month rally in offshore yuan bonds has helped issuance almost double this quarter. Further gains may depend on whether China can limit currency losses and defaults.

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