You're right; there are certain companies that are perfectly happy to pay in U.S. dollars. What we're saying is that for certain companies in China it is sometimes easier to borrow in RMB than it would be to borrow U.S. dollars.
February 19th, 2015 / 10:05 a.m.
Senior Director, Economic, Financial and Tax Policy, Canadian Chamber of Commerce
You're right; there are certain companies that are perfectly happy to pay in U.S. dollars. What we're saying is that for certain companies in China it is sometimes easier to borrow in RMB than it would be to borrow U.S. dollars.
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