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The iShares China CNY Bond ETF has attracted net inflows of €4.5bn in first seven months of 2021
Industry observers suggest high returns from ESG investments prompted a wave of profit-taking
Surge in returns follows commitments made by Xi Jinping to achieve net zero emissions by 2060
US and European funds instead suffered outflows of $8.5bn and $3.6bn respectively in the first half of the year