But some also reflect the fact that China is losing competitiveness in some low-end export industries and Chinese companies may want to build supply chain relationships with lower-cost Asian partners.

不过有些也反映出中国在一些低端出口行业中正逐渐失去竞争力的事实，中国企业可能希望与成本较低的亚洲合作伙伴建立供应链关系。

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For one thing, beyond the immediate calendar, participants say that front-end activity for new LBOs has waned, suggesting that new-issue supply may be headed lower in April.

FORBES: March Analysis, US Leveraged Loan Market