China's DNE launches $2b offshore vehicle with yuan and dollar funding

China's DNE launches $2b offshore vehicle with yuan and dollar funding

FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration

DNE, a Chinese developer and operator of new economy real estate such as logistics and cold chains, said it had completed fundraising for a $2 billion offshore development venture that can be financed in both US dollar and the yuan.

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