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Cornerstone Blog Global investment in China grows for three straight months

Global investment in China grows for three straight months

August 11, 2020 by Cornerstone International Group Leave a Comment

June marked the third consecutive month of an increase in Chinese stocks and bonds among both overseas institutes and private holders,

the Securities Daily reported on Thursday, sourcing data from the People’s Bank of China, the central bank.

As of late June, overseas institutes and private holders had held 2.46 trillion yuan ($354.16 billion) worth of Chinese shares,

up remarkably from last month, according to the central bank.

Experts said that China’s attraction for investment from global institutions and private investors involves multiple reasons, including economic recovery, development momentum and intensified reform.

They expected overseas investors will continue to increase renminbi assets.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #globalinvestment

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