Home China SAFE said to double Qualified Foreign Institutional Investors program

China SAFE said to double Qualified Foreign Institutional Investors program

Published date: 14 Jan. 2019 | 05:17

In its latest efforts to spur the economic growth, the State Administration of Foreign Exchange (SAFE), the Chinese fx regulator, announced on Monday that it plans to double the Qualified Foreign Institutional Investors (QFII) quota to USD 300 billion from USD 150 billion.

No additional details are provided on the same.

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