Overseas investors see opportunities in Chinese bonds
By Shi Jing in Shanghai | China Daily | Updated: 2019-07-09 07:59
The opening-up of the Chinese financial market is reflected by the overseas investors swarming into the Chinese bond market.
According to the latest statistics from China Central Depositary and Clearing, the amount of Chinese bonds held by overseas institutional investors reached 1.65 trillion yuan ($240 billion) by the end of June, hitting a record high.
Overseas institutions' investment in Chinese bonds increased by 34.6 billion yuan in June, which was the seventh month in a row that these institutions have increased the Chinese bond allocation in their portfolio.
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