Photographer: Tomohiro Ohsumi/Bloomberg

Yuan Rule Change Set to Spur Dollar Borrowing, Offset Outflows

  • ‘Regulators want to encourage’ capital inflow: China Merchants
  • Dollar bond sales dropped 21% in first half as yuan declined

China’s easing of foreign-currency conversion rules last month is fueling speculation that regulators want to revive flagging dollar bond sales and support a tumbling yuan.

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