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China's National Debt Inclusion in WGBI To Draw USD120 Bln Investment: Daily

CHINA PRESS
MNI (Sydney)

The inclusion of China in the World Government Bond Index is expected to attract USD120-150 billion of capital inflows into the Chinese bond market in the next 18-24 months, the Securities Daily reported on Monday citing market sources. China's high risk-free interest rate, combined with its restrained monetary policies, are attracting investment in the country's securities market from foreign institutional investors, reaching a historical high of USD101.1 billion in the first seven months, up 68% y/y, according to the Daily. China will continue to push for the two-way opening of capital accounts and the internationalization of the yuan, the Daily said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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