China in 2 minutes a day
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China Inc.’s large dollar debts fuel Beijing’s efforts to curb yuan plunge

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Though the People's Bank of China doesn't give detailed breakdowns of Chinese companies' foreign debt, more than half of it is in U.S. dollars, according to economists and analysts."
7 months ago
Jiayun Feng
By Jiayun Feng
Jiayun is a Chinese native and was born in Shanghai, where she spent her first 20 years and earned a bachelor’s degree in journalism at Fudan University. Interested in writing for a global audience, she attended the NYU Graduate School of Journalism for its Global & Joint Program Studies, which allows her to pursue a journalistic career along with her interest in international relations. She has previously interned for Sixth Tone and Shanghai Daily.
China in 2 minutes a day
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