'China Pumps up Investments in S.Korean Bonds'

Bloomberg news agency says China has more than doubled its investment in South Korean government bonds this year. 

The report says Chinese investors had 3.99 trillion won (3.4 billion dollars) worth of South Korean national bonds in the year's first half, which is up 111 percent year-on-year.

Bloomberg said that China is in the process of diversifying its foreign investment portfolio and that South Korean bonds account for one-tenth of China's total foreign exchange reserves at some two-point-four trillion dollars.