Baidu's Ambitious Move: Plans to Raise $1.4 Billion via Offshore Yuan Bonds

In a strategic financial maneuver, Baidu Inc., the prominent Chinese technology giant, has revealed its intention to issue offshore yuan bonds aimed at collecting approximately $1.4 billion. This decision comes amidst a landscape of uncertainty in the global market, particularly as companies like Baidu aim to capitalize on the weaker U.S. dollar.

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