Foreign investors lured to high-yielding Chinese bank debt

Investors have found a safer haven in unstable markets: Chinese interbank debt instruments. Foreign investors have begun to take advantage of favorable currency conversion rates and the refuge offered by the market’s low correlation with the rest of the world. Led by US  dollar investors, they are buying a lot of negotiable certificates of deposit […] source: https://www.cryptopolitan.com/foreign-investors-invest-chinese-bank-debt/