Debt Managers Spring Back Into China With U.S. Rates Stalling
- Inflow in April reverses rare retreat the previous month
- Investors are unfazed by China’s narrowing yield premium
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Chinese debt is back in favor with overseas investors.
After the nation’s government bonds suffered their first outflow in two years in March, foreigners added 52 billion yuan ($8.1 billion) to their holdings in April, bringing the total to a record 2.1 trillion yuan, data compiled by ChinaBond show.