There has been no “breach” of offshore yuan bond – China’s Guosen Securities HK unit clarifies

By FXStreet China’s Guosen Securities Hong Kong unit came on the wires to clarify the report posted by FT earlier today citing default on offshore yuan bond.

The company’s HK unit noted there has been no “breach” of offshore yuan bond, Financial Times report of default contains “exaggerations.”
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Source:: FX Street