China will witness the first debt inflows in 2023 in July

The Institute of International Finance said foreign investors pumped more than $3 billion into Chinese bonds in July, the first net monthly inflows this year for the world's second-largest economy, and inflows were less than a third of the $10.6 billion pumped into Chinese bonds in December.

The month of July saw inflows of $7.7 billion from non-locals into Chinese stocks, which is a significant rise from $1.9 billion in June and is also the second largest monthly inflows in 2023. Stocks attracted $17.6 billion in net inflows from non-nationals while 15.2 billion were pumped. dollars in bonds.

IIF data showed that since the beginning of the year emerging markets attracted $137.4 billion, and the total portfolio flows to developing economies of $32.8 billion is the largest portfolio flows to developing economies since January and compares to $22.6 billion in June and outflows of $11 billion a year earlier. 

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