China Expands Onshore Repo Access in Push to Boost Yuan Assets
PositiveFinancial Markets

China's recent decision to expand access to its bond repurchase market is a significant step aimed at attracting global investors to yuan-denominated assets. This move not only enhances the liquidity of the yuan but also signals China's commitment to integrating its financial markets with the global economy. By making it easier for international investors to participate, China hopes to bolster demand for its currency and strengthen its position in the global financial landscape.
— Curated by the World Pulse Now AI Editorial System