By Kitco News / October 26, 2021 / www.kitco.com /
Article Link
BEIJING, Oct 26 (Reuters) - China's state planner and foreign exchange regulator met with companies in key sectors on Tuesday over their foreign debt holdings, the National Development and Reform Commission (NDRC) said amid ongoing investor concerns over the debt of property developers including China Evergrande Group.
The regulators asked the unnamed companies to optimise their foreign debt structures and proactively prepare for repayment of both principal and interest on their foreign bonds, the NDRC said in a statement on its website.
Reporting by Beijing Newsroom Editing by David Goodman
Disclaimer: The views expressed in this article are those of the author and may not reflect those of
Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.