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Hi John,
The answer states that there is no need to use dim sum bond market, unless the entity has direct investment in China or may rereceive a better interest thereby.
My question is what about using of China currency for hedging purposes without direct investment in China (I.e. loan in non-related currency which is naturally a hidden hedge and which is reported like embeded derivative per IFRS, if I’m not mistaken).
Would it worth a mark?Thank you in advance.
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