BizBeat Ep.198: Global financial institutions keen on expanding in China
The amount of renminbi bonds held by foreign institutions was 3.38 trillion yuan at the end of July. And foreign institutions have increased their holdings of yuan-denominated bonds for 32 consecutive months. The continued inflow of capital into the Chinese mainland shows optimism among foreign investors towards Chinese assets. In this episode of BizBeat, CGTN's Xia Cheng explains why renminbi bonds retain their popularity.