Chinese duo tap dollar debt market despite distraction

As President Xi Jinping gives his keynote speech in Beijing, Tewoo Group and Maoye International issue short-dated debt, exploiting a loophole to tap international markets.

Two small Chinese companies joined a recent rush of short-term borrowings, shrugging off political distractions to raise a combined $800 million in bond issues.

¬ Haymarket Media Limited. All rights reserved.

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