Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month, egged on by the addition of China’s government and policy-bank bonds into the world’s major indices in 2019. Photo: Shutterstock
Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month, egged on by the addition of China’s government and policy-bank bonds into the world’s major indices in 2019. Photo: Shutterstock
Economy /  China Economy

China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’

  • Chinese government bonds have defied the turbulence rocking peers from Australia to Europe, offering a port in the global reflation storm.
  • Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month

Bloomberg
Bloomberg

Updated: 3:16pm, 12 Mar, 2021

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Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month, egged on by the addition of China’s government and policy-bank bonds into the world’s major indices in 2019. Photo: Shutterstock
Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month, egged on by the addition of China’s government and policy-bank bonds into the world’s major indices in 2019. Photo: Shutterstock
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