Foreign Investors Continue Selling China's Onshore Yuan Bonds

Foreign investors maintained their status as net sellers of China's onshore yuan bonds in August, marking the fourth consecutive month of outflows, according to official data released on Friday.

Data from the central bank's Shanghai head office indicated that foreign institutions held 3.83 trillion yuan ($538.51 billion) in bonds traded on China's interbank market by the end of August. This marks a decrease from the previous month's figure of 3.93 trillion yuan.

The sustained reduction in holdings underscores ongoing concerns about China's financial markets and economic stability.

(With inputs from agencies.)