Moreover, China now holds a massive volume of overseas assets and liabilities; its non-financial corporations have borrowed as much as $1 trillion abroad. As devaluation causes businesses’ debt burdens to grow in renminbi terms, the risk of non-performing loans and bankruptcies rises.
此外，目前中国持有巨额海外资产和负债。其非金融公司海外借款高达1万亿美元。贬值将增加企业债务负担的人民币值，因此不良贷款和破产的风险也将增加。