Chinese companies' bond issuance........>

CHINA PRESS: Chinese companies' bond issuance overseas has accelerated quickly

this year, and analysts expect the same next year, the Economic Information

Daily reported Thursday. Chinese companies have issued U.S. dollar-denominated

bonds worth a record $180 billion so far in 2017, a 70% increase from the same

period last year, according to Bloomberg data. The jump is partly because of an

increase in financing costs in the domestic bond market. Chinese companies also

seek to raise money outside the country, an analyst said, as their exposure to

the international market has increased and they have become more familiar with

overseas bond issuance. Chinese companies now issue around 65% of all bonds in

the Asian market, and the proportion could go above 70%. Chinese bond issuance

overseas is expected to reach $200 billion. (Economic Information Daily)