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November 16, 4:37 pm
China to raise RQFII quota by 200 bln yuan
After the approval from the State Council, China Securities Regulatory Commission (CSRC), People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) decided to raise the investment quota of RMB Qualified Foreign Institutional Investor (RQFII) by 200 billion yuan, a move that makes the total RQFII quota to be 270 billion yuan, learned China Securities Journal on November 13th.
