China's capital inflows hit 7-year high on bond-buying bonanza

Sustaining the influx would help fuel Chinese lending to emerging economies

20210520N Yuan graph REUTERS

The Chinese yuan appreciated to its strongest in roughly four years against the dollar last week. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- Net inflows of funds into China reached $88.5 billion, their highest in seven years, during the January-March quarter, as a wide interest rate spread drew global bond investors to the world's second-largest economy.

Gross inflows during the quarter came to $590.1 billion, the highest figure in comparable statistics going back to 2010, a Nikkei analysis of State Administration of Foreign Exchange data shows. Gross outflows reached $501.6 billion.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.