Safe smashes QFII record, more relaxations tipped
China's FX regulator awarded $2.75 billion in quota to nine foreign firms last month, with further liberalisation expected to be announced by the CSRC as early as this month.
China’s foreign exchange regulator smashed its monthly record for allocating QFII quota in October, in a sign that Beijing is ramping up its drive to direct money into its capital markets.
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