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Economy

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

Sustaining the influx would help fuel Chinese lending to emerging economies

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

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.

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