Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

Foreign holdings of Chinese bonds see net increase of over 40 bln USD

April 18, 2024


Abstract : Foreign investors saw a net increase of 41.6 billion U.S. dollars in their holdings of China's domestic bonds in the first quarter of 2024, official data showed on Thursday.

BEIJING, April 18 (Xinhua) -- Foreign investors saw a net increase of 41.6 billion U.S. dollars in their holdings of China's domestic bonds in the first quarter of 2024, official data showed on Thursday.

This figure is notably higher than the total net increase of 23 billion U.S. dollars registered in 2023.

"Recently, overseas institutions' investment in domestic bonds have increased significantly," Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, told a press conference.

By the end of March, more than 1,100 overseas institutions from over 70 countries and regions entered the domestic bond market. Their bond holdings have exceeded 570 billion U.S. dollars, accounting for around 2.6 percent of the total domestic bonds in custody, up 0.2 percentage points from the end of last year.

Overseas investment in domestic bond market sustains reasonable structure and stable returns, Wang said. Overseas central banks and financial institutions have increased their investments in treasury bonds, policy financial bonds, and other medium- to long-term bonds.

Looking forward, Wang expects overseas institutions' investment in domestic bonds to sustain a steady growth momentum backed by a sound macroeconomic environment, a stable renminbi exchange rate, and an increase in the use of renminbi in global cross-border transactions. 

Scan the QR code and push it to your mobile phone

Keyword: Chinese bonds

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial