China’s Bold Fiscal Strategy: Driving Growth and Stability for the Future
China unveils a proactive fiscal policy with increased spending and record bond issuances to boost economic growth and stability.
Bonds
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Foreign Investors Increase Holdings of Chinese Mainland Bonds by $41.6B in Q1 2024
Foreign investors increased their holdings of Chinese mainland bonds by $41.6B in Q1 2024, surpassing 2023’s net increase, as overseas institutions seek stable returns in the bond market.
Chinese Mainland Issues ¥12B Treasury Bonds in Hong Kong
The Chinese mainland’s Ministry of Finance has issued ¥12 billion in renminbi-denominated treasury bonds in Hong Kong, reinforcing its role as a key financial hub.