PBOC Official: Yuan denominated assets remain attractive for foreign investors

Reuters is out with the latest comments from an official from the Chinese central bank, the People’s Bank of China (PBOC), citing:

Yuan denominated assets remain attractive for foreign investors.

6 trln yuan of cross-border yuan usage in Jan-Sept period was for securities investments.

Cross border yuan usage in Jan-Sept period exceeds 14 trln yuan, up 20% on year.