The Financial Times reports Friday that momentum is building for Chinese bonds to be included on benchmark indices. Analysts say that rising popularity of Chinese bonds among foreign investors coupled with recent approval for inclusion on several indices supports movement towards broader inclusion. Despite this, the JPMorgan GBI-EM index still has no plans to include China, a move that by some estimates would result in US$20 billion in inflows. Following reforms last year, foreign investment in Chinese bonds rose 53% to US$155 billion. Amanda Carr of Haitong Securities UK says that number could jump to US$250 billion over the next three to five years.