
16 April 2020 (openDemocracy)* — Amidst the turmoil in global financial markets in recent weeks, something unusual has happened.
Investors, seeking shelter from the coronavirus-linked sell-off, have piled into Chinese government bonds on an unprecedented scale. These purchases have increased the total foreign ownership of Beijing’s bonds to record highs, even as much of the country is still emerging from lockdown after the viral outbreak.

