Overseas funds offloaded Chinese sovereign bonds in August, cutting holdings to the lowest in almost five years and piling pressure on a debt market already reeling from a shift by investors into stocks.Holdings by foreign institutions fell for a third straight month in August to 2.01 trillion yuan (US$282 billion), the lowest level since January 2021, according to Chinabond data.That represented 5.2 per cent of the total outstanding amount of Chinese sovereign debt as of the end of August,...