Source: Chinese funds buying two-year South Korean government bonds.

According to a source quoted by the media, a mainland Chinese investment company purchased $200 million of 2-year South Korean government bonds this week, indicating that Chinese investment is flowing into South Korea, the fourth largest economy in Asia. The source said, "A Chinese entity bought US dollar-denominated South Korean government bonds on the 22nd and 23rd, which is the first time for the company."