Yuan assets gain traction amid shifting global landscapes
2026-04-27 09:30 环球时报网英文版
He added that if this momentum continues and all beneficial factors are taken together, yuan assets could become a meaningful component of alternative safe assets. In the coming years, they are set to play an increasingly indispensable role in global asset allocation.
Shu Chang, chief Asia economist for Bloomberg Economics, noted that Chinese assets are becoming a must-have for global investors and China"s massive market size underpins this trend, according to Shanghai-based International Finance News.
Shu said China"s bond market reached nearly 200 trillion yuan ($29.25 trillion) by the end of 2025, making it the world"s second-largest. More importantly, China"s economic growth is shifting from property-led to innovation-driven, with high-tech industries expected to surpass real estate as a share of GDP in 2026. As worries grow over the sustainability and stability of dollar-denominated assets, Chinese assets, boasting complete industrial chains and strong innovation capabilities, have become a key destination for global capital.
"Major global asset allocators are gradually reducing excessive reliance on dollar assets. In the process of diversified allocation, Chinese assets are expected to secure sustained net capital inflows," said Xing Ziqiang, chief China economist at Morgan Stanley, per International Finance News.
Strong economic fundamentals
Optimism for Chinese assets is built on the country"s robust macroeconomic performance. China"s economy got off to a strong start in 2026, with impressive economic indicators laying a solid foundation for the stable performance of Chinese assets and further strengthening their safe-haven attributes.
Official data showed that China"s GDP reached 33.4193 trillion yuan in the first quarter, growing 5.0 percent year-on-year, 0.5 percentage points faster than the fourth quarter of last year.




