Overseas institutional investors reduced their holdings of Chinese bonds in February for the first time since November 2018 as the escalating conflict between Russia and Ukraine fueled risk-off sentiment among global investors, Caixin reported.
They held nearly 3.67 trillion yuan ($580 billion) of Chinese bonds at the end of February, a reduction of 67 billion yuan from January, data from the China Central Depository and Clearing Co. Ltd showed.
Read the full report: Caixin
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