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.