Chinese government bonds were not immune to selling that hit global bond markets in late February as rising expectations of economic growth and fears of a possible spike in inflation made investors retreat, but avoided the worst of the rout. Photo: Reuters
China debt: foreign holdings of government bonds rise above 2 trillion yuan in February amid global rout
- Total holdings of Chinese government bonds by investors outside mainland China stood at a record 2.06 trillion yuan (US$318 billion) at the end of February
- Foreign holdings of quasi-sovereign policy bank bonds also rose 3.1 per cent, to 986.97 billion yuan.
Chinese government bonds were not immune to selling that hit global bond markets in late February as rising expectations of economic growth and fears of a possible spike in inflation made investors retreat, but avoided the worst of the rout. Photo: Reuters
