China eases policy to widen inbound investment path
China eases policy to widen inbound investment path

China eases policy to widen inbound investment path

 

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Chinese authorities have introduced more policy measures to give foreign stock and bond managers wider access to its massive capital markets, increase the yuan’s appeal, and deepen market-oriented reforms.

The People's Bank of China (PBOC), the country's central bank, and market regulators have streamlined approval procedures for its inbound investment schemes, known as QFII and RQFII, effective from November 1. The authority will also allow foreign investors to access a wider array of assets such as over-the-counter stocks, financial and commodity futures, and hedge funds, among others.

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