Foreign holdings of Chinese govt bonds up in December


SHANGHAI: Foreign investors increased their stakes in China’s government bonds for a 14th straight month in December, and their holdings at the end of 2016 were 70% above the year-earlier level.

Overseas institutions raised their holdings by 6.9 billion yuan (US$992.03mil) last month, bringing the total to 423.7 billion yuan, according to Reuters calculations based on data from the official bond clearing house.

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