China's Rising Sway Seen in Korean Bonds as Holdings Exceed U.S.

  • Chinese funds are now biggest holder of won-denominated debt
  • Investment in South Korean firms rose to record high in 2015

In a sign of China’s increasing presence in Asia’s No. 4 economy, its companies are buying up South Korean counterparts at a record pace and the country has now surpassed the U.S. as the biggest foreign holder of won-denominated bonds.

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