China

China debt: foreign holdings of government bonds rise above 2 trillion yuan in February amid global rout




Foreign investors held more than 2 trillion yuan (US$309 billion) worth of Chinese government bonds for the first time in February, data showed on Wednesday, even as premiums over US debt shrank as a bond sell-off dented global markets.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, according to data published on Wednesday by interbank bond market clearing house China Central Depository …



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