Global Investors Snap Up Chinese Bonds – People’s Daily

Overseas holdings of bonds traded in China’s interbank market reached a new high at the end of December, as global investors were lured by relatively high yields and stability, People’s Daily reported.

Outstanding overseas institutional holdings of interbank bonds rose to a total of 4 trillion yuan (about $628.1 billion) at the end of last year, according to data from the People’s Bank of China.

Read the full report: People’s Daily.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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