China hot money inflows maintain pace, but risks ahead as US edges towards rate increase

Source: China – South China Morning PostForeign investors continued to pour money into China’s bond market last month, but analysts have warned that challenges will start to mount due to Beijing’s policy divergence with the United States.Inflows have provided a sweet spot for policymakers as foreign holdings of interbank bonds reached 4.07 trillion yuan (US$640 billion) at the end of January, which represents around 3.5 per cent of the market total, according to data released by the People’s Bank of China (PBOC) on Monday.The net…Read More

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