The volume of yuan bonds owned by foreign investors and traded in China in July was 61% higher than in the same month last year and reached a record 1 trillion 350 billion yuan, according to China Central Depository&Clearing. One of the reasons for the record growth of the indicator is the strong demand from central banks of the world, which include the yuan in its foreign exchange reserves. According to The Wall Street Journal, next year it is expected to attract investment of management companies by including Chinese bonds in the calculation of large international indices. The volume of the bond market of China, which ranks third after the United States and Japan, is 11 trillion 700 billion dollars.
Asia shares ease, bonds rally on sober Fed01.06.2020
United Airlines to cut 13 high-level executives, adding international flights in July17.04.2020
Home quarantine setup supports global stocks, bonds decline31.03.2020
Dollar gains, yuan steady as investors skeptical of recovery in Chinese manufacturing sector