How China accumulated $28T in debt

Re:How China accumulated $28T in debt by ChuckMcM on Thursday January 28, 2016 @04:42PM (#10991607)

Debt instruments denominated in Yuan (renminbi) [1]

[1] http://www.economist.com/news/business-and-finance/21679341-...

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Re:How China accumulated $28T in debt by hackaflocka on Thursday January 28, 2016 @05:00PM (#10991728)

Thanks. But that's a very fuzzy concept innit? After all, currencies are convertible and fungible. All that it really implies is that the high debt levels will likely keep the value of the Yuan low.

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Re:How China accumulated $28T in debt by hackaflocka on Thursday January 28, 2016 @05:11PM (#10991819)

On a separate note, can some foreign company or government issue debt instruments denominated in Yuan? Why not? It's a convertible currency after all...

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Re:How China accumulated $28T in debt by seanmcdirmid on Thursday January 28, 2016 @07:06PM (#10992567)

The RMB is not a fully convertible currency, so no.

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