Foreign investors were net purchasers of onshore yuan bonds in June, while expectations in China's foreign exchange market remain stable and cross-border capital flows are basically balanced, a state media commentary said late Wednesday. The remarks by Financial News, a publication backed by the People's Bank of China (PBOC), come as the Chinese currency has faced renewed downside pressure. The yuan is one of the worst-performing Asian currencies this year, knocked nearly 5 per cent lower against the dollar by a slowdown in China's economy and widening yield differentials with the United States. "Although ... (full story)