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

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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