Monday , September 23 2019
Home / senegal / China has become the second largest bond market in the world

China has become the second largest bond market in the world



Standing in front of the United States, China has become the second largest bond market in the world, according to Shanghai Clearing House and China Central Depository & Clearing Co.

At the end of May 2019, foreign institutions had 1,880 billion yuan (about 240 billion euros) of Chinese bonds. 7 billion euros) in May.

In addition to bonds, foreign institutions have also bought Chinese stocks and funds in recent years. They held 444.8 billion dollars (+ 391 billion euros) in Chinese financial assets at the end of 2018, more than twice as much as in 2014, according to the National Stock Exchange (ANC) data.

Between January and March 2019, foreign institutions bought a net value of 9.5 billion dollars (8.4 billion euros) of Chinese bonds, which is the biggest increase compared to the quarter and year in comparison with the previous year.


Source link