According to the Bank of China’s recent White Paper, renminbi assets remain attractive to international investors amid relatively positive long-term growth prospects. and China continues efforts to open up its financial markets.
The report cited a survey of more than 3,400 businesses and institutions globally in 2021, showing that more than 60% of foreign financial institutions surveyed said they would increase their holdings of assets in yuan.
From 2018 to 2021, global investors’ total net holdings of stocks and bonds issued in China exceeded $700 billion, with an annual growth rate of 34%.
Access to the Chinese stock market has improved recently. The net inflow of foreign investment into the Class A stock market through stock exchange matching programs exceeded 1.6 trillion yuan ($240 billion).
at Blogtuan.info – Source: cafebiz.vn – Read the original article here