China Pacific, ChinaAMC renew QDII efforts

The current financial crisis has shaken confidence in markets, but to Chinese institutions itÆs not all gloom and doom. A liquidity crisis in the western world is not about to alter the path they are on to diversify their domestic holdings. Two Chinese institutions are about to illustrate that point as mainland insurer China Pacific Insurance and domestic fund house China Asset Management (ChinaAMC) detail plans to open their respective asset management centres in Hong Kong.Philip You…