Saturday , February 4 2023

China has become the world's second largest bond market


According to the Shanghai Clearing House and the China Central Depository and Clearing Company, China has become the second biggest bond market in the world, standing firmly ahead of the United States.

Foreign companies had 1.880 billion yuan (about 240 billion euros) of Chinese bonds in late May 2019. Global investors continued to buy Chinese bonds, which registered a net increase of 52.2 billion yuan (6%). € 7bn) May.

In addition to the bonds, foreign institutions have bought Chinese stocks and funds in recent years. According to the National Exchange Administration (ANC), they had $ 444.8 billion (+ € 391 billion) in China's financial assets at the end of 2018, which was more than double in 2014.

From January to March 2019, foreign institutions bought the net worth of Chinese bonds worth $ 9.5 billion (€ 8.4 billion), which is the highest increase in the quarter-on-quarter and year-on-year.

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