Beijing – Saba:
China's official Xinhua News Agency reported on Saturday that foreign institutions have increased their holdings of Chinese domestic bonds by more than 270 billion yuan ($36.99 billion) since the beginning of the year, indicating the attractiveness of the world's second-largest bond market.
Xinhua quoted the People's Bank of China (the central bank) as saying that foreign institutions' total holdings of Chinese bonds reached 4.5 trillion yuan as of April 15.
According to the agency, foreign holdings represent only about 2.4% of China's total bond market, which is estimated to be worth $25 trillion, indicating significant growth opportunities.
The agency added that the People's Bank of China will continue to promote the opening of the bond market and attract more foreign investors, while deepening financial ties with regions such as the Middle East, Latin America, Europe, and Africa.
These efforts come at a time when comprehensive tariffs imposed by US President Donald Trump are threatening investor confidence in US assets.
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