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Overseas institutions' holdings of Chinese onshore bonds stood at 2.88 trillion yuan at the end of December last year, rising by 118.5 billion yuan from the previous month and increasing by over 1 trillion yuan or 53.7 per cent from a year earlier, according to the latest data released by Central China Depository & Clearing.
That's the 25th consecutive month that foreign investors have increased holdings of Chinese onshore bonds.
Analysts say that the rise was primarily attributable to the yuan's appreciation and higher yields on Chinese government bonds compared . . .
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