Japan's Government Pension Investment Fund will not be including yuan-denominated Chinese government bonds in its portfolio

That's the report in the Nikkei.

  • After the debt crisis at property giant China Evergrande Group emerged, the GPIF decided to stop adding Chinese sovereign debt to its portfolio due to the country's uncertain bond market and other factors.

Nikkei link is here (may be gated).

The China-Japan relationship is ... complicated. Putting it mildly.

Japan's Government Pension Investment Fund will not be including yuan-denominated Chinese government bonds in its portfolio