Chinese property developers have US$7.9 billion in loans falling due in 2017, according to Thomson Reuters data, which could push more into offshore markets if they need refinancing. Photo: AFP

Capital curbs push Chinese firms towards risky, costly dollar bonds

Government fast-tracks approvals for bringing dollar bond proceeds back onshore in a bid to ease depreciation pressure on the yuan and slow its burning of currency reserves

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Chinese property developers have US$7.9 billion in loans falling due in 2017, according to Thomson Reuters data, which could push more into offshore markets if they need refinancing. Photo: AFP
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