Foreign investors raised holdings of Chinese bonds for 26th consecutive month in January

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Overseas investors increased their holdings of Chinese bonds for the 26th consecutive month in January, fueled by faster-than-expected economic recovery and a strengthen yuan.

Overseas investors held a total of 3.06 trillion yuan (about $473.6 billion) of Chinese bonds in January, surging 62.09 per cent from the same period last year, according to the data released by the China Central Depository & Clearing Co. Ltd. That marked an increase of 5.96 per cent from the end of 2020.

Market transactions were also robust, with trading volumes amounting to 588 . . .

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