Overseas investors increase holdings of Chinese bonds despite coronavirus uncertainty
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.
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