Global Funds Double China Bond Holdings as Default Starts

Foreign investors boosted purchases ofChina’s onshore bonds by 16 percent this year as some funds look at theyuan’s drop as a buying opportunity. They increased their holdings to a record 384.1 billion yuan ($62 billion) as of Feb. 28 from 331.9 billion yuan at the end of 2013, according to data from China Central Depository & […]

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