China removes quota restrictions on QFII, RQFII schemes to open financial market further

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China on Thursday removed quota limits on two major inbound investment schemes, giving qualified foreign institutions unlimited access to Chinese stocks and bonds, in the latest move to open the country’s financial markets to overseas investors.

The revised rules come as tensions have flared up between Washington and Beijing in recent days over the origins of the coronavirus, with US President Donald Trump threatening more aggressive economic measures against China.

Under the new rules, qualified foreign investors no longer need to apply for any quotas under China’s two inbound investment channels - the dollar . . .

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