icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Overseas investors increase holdings of Chinese bonds despite coronavirus uncertainty

Overseas investors increase holdings of Chinese bonds despite coronavirus uncertainty
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.

Analysts largely expect growth to rebound after the containment on pent-up demand and production, the foreign exchange added.

Also on rt.com Chinese stocks reverse losses amid new government measures to lift markets

The outbreak of the COVID-19 (coronavirus) has now killed more than 2,000 people and infected more than 75,000 people, with over 1,000 cases outside mainland China. It has disrupted economic activity in China and threatened to drag down first-quarter growth.

For more stories on economy & finance visit RT's business section

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.