Overseas investors increase holdings of Chinese bonds despite coronavirus uncertainty

Demonstrating confidence in China

Demonstrating confidence in China, international investors continued to invest in the country’s economy. Net purchases of Chinese bonds were worth 43 billion yuan ($6.1 billion) after the Spring Festival, market data showed.

According to China Foreign Exchange Trade System, the country’s bond market has become an important part of global asset allocation. It said, as cited by Xinhua News, that it will continue to improve overseas services and enhance financial infrastructure to facilitate bond trade.

Continue reading https://on.rt.com/ab9x