TOKYO -- China has recently been pulling its money from the Japanese bond market, but the reason remains a mystery.
The country's net sales of Japanese government bonds for 2013 surged roughly 80% on the year to top 400 billion yen ($3.62 billion), according to data released by Japan's finance ministry. In 2014, China's net sales of JGBs were about 660 billion yen as of July, while its net purchases of U.S. Treasury bonds have exceeded $80 billion.
