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 . . .
To continue reading, please subscribe. You will get:
- ORIGINAL, DATA-DRIVEN & IN-DEPTH STORIES
- THE WIRE 24/7
Real-time experience - Up-to-the-minute updates of market-moving news and views.
All-in-one platform - Information collected via a network of journalists, traders, brokers, analysts, etc. and from multiple credible news outlets in mainland China.
Details - General information is everywhere, but information with details is rare.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
Already have an account? Sign In