China puts ‘important’ money market funds in the crosshairs as they balloon

Aug 21, 2022

China this month overtook Europe as the world’s second-largest MMF market after the US. What does this spell for investors of these assets?

China puts ‘important’ money market funds in the crosshairs as they balloon

Balances at China’s money market funds (MMF) ballooned in the second quarter of 2022, hitting a record RMB11 trillion ($1.6 trillion), to overtake Europe as the world’s second-largest MMF after the United States.

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