PBOC issues new guidelines on overseas Yuan loans - RTRS Sources

Reuters quotes sources familiar to the matter, citing that the Chinese central bank (PBOC) issues new guidelines on transferring Yuan overseas.

Key Headlines:

PBOC guidelines will require Chinese firms lending yuan overseas to register with fx regulator (State Administration of Foreign Exchange - SAFE)

PBOC guidelines will only allow Chinese firms that have been established for at least one year to make overseas yuan loans