Bank of Lithuania invests $100 million into Chinese capital markets
Central bank one of the first in Europe to invest in China
The Bank of Lithuania has become one of the first central banks in Europe to invest in Chinese securities in a change of direction that sees the central bank target a more profitable investment of its foreign exchange reserves.
The Bank of Lithuania revealed today it has made its first investments in Chinese securities since becoming the first EU central bank to be granted qualified foreign institutional investor status.
As such, it has invested directly in onshore Chinese securities. The
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