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The Effects of Foreign Participation on Chinese Government Bond Yields

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Listed:
  • Liu Kerry

    (1 Independent Scholar, Australia)

Abstract

Since 2015, when China opened up its onshore bond markets more substantially, foreign investors have significantly increased their investments in Chinese local currency bonds.

Suggested Citation

  • Liu Kerry, 2023. "The Effects of Foreign Participation on Chinese Government Bond Yields," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 222-240, December.
    • Handle: RePEc:vrs:foeste:v:23:y:2023:i:2:p:222-240:n:11
    DOI: 10.2478/foli-2023-0028
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    References listed on IDEAS

    as
    1. Kerry Liu, 2022. "The Chinese Government Bond Markets: Foreign Investments and Market Efficiency," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 14(1), pages 93-104, January.
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    More about this item

    Keywords

    Chinese government bonds; yields; foreign participation; foreign investment; robust least squares model; cointegration;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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