Financial research institution Gavekal: The hedging properties of Chinese government bonds are prominent

The report from the international financial research institution Gavekal points out that the current global market is turbulent, and international funds are turning to Chinese government bonds as a safe-haven asset. Chinese government bonds have shown resilience after geopolitical shocks, becoming a viable alternative reserve asset. Compared to U.S. Treasury bonds, Chinese long-term government bonds have remained relatively stable and have been one of the few fixed-income markets to outperform U.S. inflation since 2012. China's industrial and trade position has enhanced the attractiveness of its sovereign debt, supporting the "safe haven" status of Chinese government bonds